Use the Target Corporation's Form 10-K to answer the following questions related to Target's 2015 fiscal year (year ended January 30, 2016). Target's Form 10-K is available on the company's website or through the SEC's EDGAR database. Appendix A provides instructions for using the EDGAR database.

You will need to read carefully the company's Consolidated Statements of Financial Position

(balance sheets) as well as notes 17 through 20.

Required

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

b. How does Target account for bank overdrafts, and how much overdrafts did it have as of January 30, 2016?

c. What was the average interest rate that Target paid on its borrowings?

d. Target reported Accrued and Other Liabilities of $4,236 as of January 30, 2016. What was the largest subcategory of liabilities included in this account?