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The Business Application cases for chapters 3 through 8 are based on the Form 10- K for Target Corp. The cases allow you to apply

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The Business Application cases for chapters 3 through 8 are based on the Form 10- K for Target Corp. The cases allow you to apply the concepts from the text to a live case. The text Business Application cases reference the 2018 Fiscal Year reports, but we will use the more current 2021 Fiscal Year reports. You will find the complete 10-K report in a pdf file as well as an excel workbook with the financial statements posted on the Canvas course site for convenience. But I encourage you to locate them either through the SEC Edgar database (See Appendix A, Chapter 3 in the text), or by going to the Target Investor Relations web site. Chapter 8 Assignment (Adapted from ATC 8-1 in Text) Use the Target Corporation Form 10K to answer the following questions related to Target's 2021 Fiscal Year. Note that Target's Fiscal Year ends in late January or early February, so the 2021 Fiscal Year ends January 29, 2022. You will need to use the financial statements as well as notes to the financial statements to answer the questions. Show your calculations and extend all decimal points at least 2 places. a. What is the par value per share of Target's common stock (Hint: use the Statement of Financial Position and disclosure at bottom of statement)? b. How many shares of Target's common stock were outstanding as of the end of FY 2021 (Hint: use the Statement of Financial Position and disclosure at bottom of statement)? c. Target's annual report provides some details about the company's executive officers. How many are identified? What is their age range? How many are females (Hint: use Item 4A in the 10K) ? d. How much did Target pay in dividends in FY 2021 and 2020? Show the per share amounts and the total dollar amounts. Comment on the change in Use the Target Corporation Form 10K to answer the following questions related to Target's 2021 Fiscal Year. Note that Target's Fiscal Year ends in late January or early February, so the 2021 Fiscal Year ends January 29, 2022. You will need to use the financial statements as well as notes to the financial statements to answer the questions. Show your calculations and extend all decimal points at least 2 places. a. What is the par value per share of Target's common stock (Hint: use the Statement of Financial Position and disclosure at bottom of statement)? b. How many shares of Target's common stock were outstanding as of the end of FY 2021 (Hint: use the Statement of Financial Position and disclosure at bottom of statement)? c. Target's annual report provides some details about the company's executive officers. How many are identified? What is their age range? How many are females (Hint: use Item 4A in the 10-K)? d. How much did Target pay in dividends in FY 2021 and 2020? Show the per share amounts and the total dollar amounts. Comment on the change in the per share amounts. Is this a good use of Target's funds (Hint: use the "Liquidity and Capital Resources" section of the 10K beginning on page 27)? e. How much did Target spend to repurchase common stock in FY 2021 and 2020? Why would a company like Target repurchase their shares? Is this a good use of Target's funds (Hint: use the "Liquidity and Capital Resources" section of the 10K beginning on page 27)? Comment on the substantial increase in share repurchases in the most recent year. Target embraces innovation to drive strong financial performance and create new opportunities for profitable growth. Stock quote Loading data.. Explore our interactive stock chart Learn more o Read the 2021 Annual Report Last more ? HistoricalstockpriceinformationLeammersDownload2022proxystatementcummore Financial News Financial News Investor email alerts To sign up for new investor email alerts, or to change your request, click below. Upcoming events Investor contacts 02/28/23 Investor relations 2023 Financial Community Meeting, including Fourth Target Corporation Quarter and Full-Year 2022 Earnings 1000 Nicollet Mall (TPN-0841) Minneapolis, MN 55403 Archived events and presentations 1.800.775.3110 See full archive b investorrelations@target.com

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