Access EDGAR online (SEC.gov) and locate the 10-K report of The Gap, Inc. (ticker: GPS), filed on
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1. What are Gap's main brands?
2. When is Gap's fiscal year-end?
3. What is Gap's net sales for the period ended January 31, 2015?
4. What is Gap's net income for the period ended January 31, 2015?
5. Compute Gap's profit margin for the year ended January 31, 2015.
6. Do you believe Gap's decision to use a year-end of late January or early February relates to its natural business year? Explain.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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