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Using targets most recent 10K (2021) answer the following: 1. What percentage of Targets total assets was comprised of inventory. Show your work. 2. What
Using targets most recent 10K (2021) answer the following:
1. What percentage of Targets total assets was comprised of inventory. Show your work.
2. What cost flow method did Target use to account for its inventory?
3. According to the 10K, how did covid-19 affect the way Target accounted for their inventory?
4. Did inventory increase or decrease compared to the prior year and why?
Please show work so I can understand how to do it better! Thank you!
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