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Understanding real-world annual reports Target Corporation Required Use the Target Corporation 's Form 10-K to answer the following questions related to Target's fiscal year end
Understanding real-world annual reports
Target Corporation
Required
Use theTarget Corporation's Form 10-K to answer the following questions related to Target's fiscal year end of January 30, 2016.
Target's Form 10-K is available at:
- View Filing Data
- Target FORM 10-K Target FORM 10-K - Alternative Formats - PDF Document (546KB)
Section 1:
Chapter 1 material:
- What was Target's net income for the year ended January 30, 2016?
- Did Target's net income increase or decrease from FYE 1/30/15 to FYE 1/30/16, and by how much?
- What was Target's accounting equation on 1/30/16?
- Which of the following had the largest percentage change from FYE 1/30/15 to FYE 1/30/16: net sales; cost of sales; or selling, general, and administrative expenses? Show all computations.
Chapter 2 material:
- Which accounts on Target's balance sheet are accrual-type accounts?
- Which accounts on Target's balance sheet are deferral-type accounts?
- Compare Target's 2015net earnings(the year ended January 30, 2016) to its 2015cash provided by operating activities.Which is larger?
- First, compare Target's 2014 net income to its 2015 net income. Next, compare Target's 2014 cash provided by operating activities to its 2015 cash provided by operating activities. Which changed the most from 2014 to 2015, net earnings or cash provided by operating activities?
- Why did Target's net earnings change so much from 2014 to 2015?
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