Case 1-7 (Please explain exactly where the financial statement is)

Access the financial statements for the year ended February 1, 2020, for Gap Inc., from the Gap Inc website, and use them to answer the following questions.

Required:

1)What amounts did Gap Inc. report for the following items for the fiscal year ended February 1, 2020?

a) Total net revenues

b) Total operating expenses

c) Net income (earnings)

d) Total assets

e) Total stockholders equity

2) How many shares of common stock had been issued by Gap Inc. as of February 1, 2020?

3) Does Gap Inc. report more than one year of data in its financial statements? Explain why or why not.