Question: Constructing and Analyzing a Dataset on Share-Based Compensation in Excel For this exercise, we create and analyze a dataset in Excel of the changes in
Constructing and Analyzing a Dataset on Share-Based Compensation in Excel For this exercise, we create and analyze a dataset in Excel of the changes in the composition of share-based compensation plans (restricted stock unit, performance share, and stock option plans) for Target Corporation over a 10-year period.
Required 1. Create a dataset that will provide information on the composition of Target's share-based compensation plans over a 10-year period from fiscal year 2011 to fiscal year 2020.
a. In your dataset, for each of the share-based awards (restricted stock unit, performance share, and stock options) include the following: number of units granted during the year and the unrecognized compensation expense at year-end. b. Also include in your dataset the total share-based compensation expense included on the income statement for each year and the fair value per unit at grant date of the restricted stock units for each year. c. Hints: i. This information can be found in the note disclosures in the annual 10-K reports. ii. When collecting your data, note that some amounts are in thousands, and some in millions.Do not round numbers; use zeros to fill in placeholders; this means enter $5,200,000 for $5.2 million. iii. Fiscal years end in January or February of the following year; for example, Fiscal Year 2020 ends January 30, 2021.
2.. Prepare a line chart in Excel over the 10-year period showing the trends in units granted of the three different types of share-based awards. Hint: Highlight data, click Insert, Line. Chart should show the earliest year on the left and the latest year on the right. To change the order, right-click inside the horizontal axis. In the Format Axis sidebar, check Categories in reverse order.
| Number of Units | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
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| Restricted stock units |
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| Performance share units |
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| Stock option units |
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3. Prepare a line chart in Excel showing the trend of share-based compensation expense over the 10-year period.
| FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | |
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| Compensation expense |
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4. Indicate which year(s) in the data visualization prepared in part 5, showed a highly visible decline in share-based compensation expense. 5. Indicate which year seems to be the start of an increasing trend in the visualization created in part 5.
6. Prepare a line chart in Excel showing the trend of unrecognized share-based compensation expense over the 10-year period for all three share-based plan types.
| Unrecognized compensation expense | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
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| Restricted stock units |
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| Performance share units |
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| Stock option units |
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7. Indicate which share-based plan type in the data visualization prepared in part 8 showed the highest value and lowest value in Fiscal Year 2011, 2015, and 2020.
| Highest | Lowest | |
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| FY2011 |
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| FY2015 |
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| FY2020 |
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8. Prepare a schedule for the total fair value of the restricted stock share awards at the date of grant for each of the 10 years. Hint: Multiply the number of restricted stock units by the unit price at the date of grant.
| Fair value of restricted stock units | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
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| Restricted stock units |
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| Fair value at grant date |
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| Total fair value of restricted stock units |
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