Use Target Corporation’s annual report in Appendix B to answer the following questions:
a. How long did it take Target to collect credit card receivables during the fiscal-year ended January 29, 2011, (2010)?
b. Approximately what percentage of credit card receivables, did the company think would not be collected in 2010 and 2009?
c. What is Target’s policy regarding when to write off credit card receivables?