here is the link for targets financial report:

https://corporate.target.com/_media/TargetCorp/annualreports/2016/pdfs/Target-2016-Annual-Report.pdf?ext=.pdf

Instructions: Use the financial section of the January 28, 2017 annual report of Target to answer the following questions. The answers should immediately follow each question. When solving for a ratio, write the ratio and show any necessary calculations to receive credit. The answers should immediately follow each question. (EX: What is the current ratio? ANSWER: The current ratio is CA/CL = 100/50 =2). Use a different font to distinguish your answer from the question. All answers should be in your own words. Do not cut and paste from the annual report. Answers will be graded for content and written communication skills. Use complete sentences in answering questions where an explanation is requested. MAKE A NOTATION HERE IF THE DOLLAR AMOUNTS ARE STATED IN MILLIONS.

What are the amounts Target reports for total assets, total liabilities, and total stockholders equity in the balance sheet for the most recent year? Verify that the basic accounting equation balances.

What name does Target use for its income statement? What type of income statement does Target issue (multi-step or single step)? Explain

Which public accounting firm was Targets external auditors?

Which states have the largest retail square footage?

What is the amount of cash and cash equivalents reported in the most two most recent years? By how much has cash and cash equivalents increased/decreased?

In the summary of significant accounting policies, what is Targets procedure in accounting for inventory?

Calculate the current ratio for the past two years. Did the current ratio improve or weaken in the more recent years?

What is included in the discontinued operations segment of the financial reports?

Which depreciation method is used by Target? What are the estimated useful lives for buildings, leasehold improvements, and property and equipment?

As indicated in the Statement of cash flows, what is the amount of depreciation and amortization expense for each of the three years in the financial report?

What is the net cost of Property and Equipment at January 28, 2017 and January 30, 2016? What is the trend in property and equipment for the past two years?

What is the par value per share for the common stock?

What percentage of Targets authorized stock was issued at January 28, 2017?

According to the balance sheet, how many outstanding shares does Target have on January 28, 2017?

Describe any preferred stock for Target Corporation?

What amount of cash dividends were paid (Use Statement of Cash Flows) for the year ended January 28, 2017?

What method does Target use for the Operating Section of the Statement of Cash Flows?

What is the largest investing activity outflow during the most recent year? (Indicate reconciling item and amount)

What is the largest financing activity inflow during the most recent year? (Indicate reconciling item and amount)

In two paragraphs or less indicate a couple of interesting items you learned while reading this annual report?