This milestone addresses the following course outcomes:

Analyze results of consolidated financial statements for informing internal and external users of financial statements

Analyze financial statement accounts using assertions related to the recognition, measurement, valuation, calculation, presentation, and disclosure of financial information for their accuracy and reliability

The company choosen was Target corp..

Specifically, the following critical elements must be addressed:

You will need to research Target Corp. and obtain the last few years

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at least two

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$$of financial statements

$($

information that is available to the public online

$)$

$$in order to answer the following questions:

Based on the information that you have gathered, explain the changes in financial ratios. Has anything changed in the few years of financial statements that you have obtained? What are the reasons for these changes?

Based on the information you have gathered, analyze the changes in the financial reports regarding cash. Be sure to examine the statement of cash flows. What are the reasons for these changes?

Based on the information you have gathered, analyze the changes in the financial reports regarding the accounts receivable account balance. What are the reasons for these changes?

Describe the type of inventory valuation method that your company uses and explain why it uses this method. What are the benefits of this method?

Based on industry trends, future plans of your company, and the information you have gathered, predict how your company will perform in the following year compared to competitors.