Use theTarget Corporation's Form 10-K to answer the following questions related to Target's 2019 fiscal (year ended January 30, 2020. Target's Form 10-K is available on the company's website through the SEC's EDGAR database.:

This assignment requires you to examine financial statements from Target for 2019. To access Target's financial statements, you need to follow these directions in order to access Target's annual report:

1)Go to the Security and Exchange Commissions (SEC) Electronic Data Gathering, Analysis, and Retrieval (EDGAR) website: https://www.sec.gov/edgar/searchedgar/companysearch.html

2)Find Target's 10-K (annual financial report) by typing Target into the company name search.

3)This brings up many firms named Target. The one you want to find financial statements for is identified by the following Central Index Key (CIK) on the left side of the page: 0000027419

4)Click on the link that has a filing date of 2020 (2019 annual report is filed in 2020) and says 10K

5)Finally, click on document link that corresponds to the 10K (tgt-20200201.htm).

Chapter 1 materials

1.What was Target's net income for the 2019 (the year ended January 30, 2020)?

2.Did Target's net income increase or decrease from 2018 to FYE 2019, and by how much?

3.What was Target's accounting equation for 2019?

4.Which of the following had the largest percentage change from 2018 to FYE 2019: net sales; cost of sales; or selling, general, and administrative expenses? Show all computations.

Chapter 2 materials

1.Which accounts on Target's balance sheet are accrual-type accounts?

2.Which accounts on Target's balance sheet are deferral-type accounts?

3.Compare Target's 2019net earnings(the year ended January 30, 2020) to its 2019 cash provided by operating activities.Which is larger?

4.First, compare Target's 2018 net income to its 2019 net income. Next, compare Target's 2018 cash provided by operating activities to its 2019 cash provided by operating activities. Which changed the most from 2018 to 2019, net earnings or cash provided by operating activities?

5.Why did Target's net earnings change so much from 2018 to 2019?

Chapter 3 material:

1.What percentage of Target'stotal revenuesend up as net earnings?

2.What percentage of Target'ssalesgo to pay for the costs of the goods being sold?

3.What costs does Target include in its Cost of Sales account?

4.When does Target recognize revenue from the sale of gift cards?

Chapter 4 material:

1.Instead of "Cash" the company's balance sheet uses the account name "Cash and Cash Equivalents" How does the company define cash equivalents?

2.The annual report has two reports in which management is clearly identified as having responsibility for the company's financial reporting and internal controls. What are the names of these reports and on what pages are they located?

Chapter 5 material:

1.What percentage of Target's total assets was comprised of inventory?

2.What cost flow method did Target use to account for its inventory?

3.Target had arrangements with some of its vendors such that it does not purchase or pay for merchandise inventory until the merchandise is sold to outside customers. Was the cost of these goods ever included in the Inventory account?

Chapter 6 material:

1.What method of depreciation does Target use?

2.What types of intangible assets does Target have?

3.What are the estimated lives that Target uses for various types of long-term assets?

4.As of January 30, 2020, what is the original cost of Target's Land; buildings and improvements; and Fixtures and equipment?

5.What was Target's depreciation expense and amortization expense for 2019 (see footnotes)?

Chapter 7 material

1.What percentage of Target's assets was being financed with liabilities (versus shareholders' equity)?

2.How does Target account for Bank overdrafts, and how much overdrafts did it have as of January 30, 2020?

3.What was the average interest rate that Target paid on its borrowing?

4.Target reported Accrued and other liabilities of $4,236 as of January, 2020, what was the largest subcategory of liabilities included in this account?

Chapter 8 material

1.What is the par value per share of Target's stock?

2.How many shares of Target's common stock were outstanding as of January 30, 2020?

3.Target's annual report provides some details about the company's executive officers. How many are identified? What is their minimum, maximum and average age? How many are females?

4.Target's balance sheet does not show a balance for treasury stock. Does this mean the company has not repurchased any of its own stock? Explain.

I have entered all the information that was given on my assignment, I guess this was a complete waste of money, cancelling my account