website $($

www$.$target.com$).$

Required:

By what name does Target label its income statement?

What amounts did Target report for items listed below for the year ended February $1,2020?$

Note: Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$

a$.$ Sales

b$.$ Cost of goods sold $($labeled cost of sales$)$

c$.$ Earnings from continuing operations before income taxes

d$.$ Net earnings from continuing operations

e$.$ Net earnings

$3.$ Does Target report any items as part of its other comprehensive income?

$4.$ Does Target prepare the statement of cash flows using the direct method or the indirect method?

$5.$ Which is higher, net earnings or operating cash flows, and what is the biggest reason why?

$6.$ What is the largest investing cash flow and the largest financing cash flow reported by the company for the year ended February $1,2020?$

$\backslash$table$[[1.$ Target's label,$],[2$a$.$ Sales,$],[2$b$.$ Cost of goods sold $($labeled cost of sales$),],[2$c$.$ Earnings from continuing operations before income taxes,$],[2$d$.$ Net earnings from continuing operations,$],[2$e$.$ Net earnings,$],[3.$ Does Target report any items as part of its other comprehensive income?,$],[4.$ Does Target prepare the statement of cash flows using the direct method or the indirect,$],[$method$?,],[5.$ Which is higher, net earnings or operating cash flows, and what is the biggest reason why?,$],[6$a$.$ The largest investing cash flow is the outflow from expenditures for:,$],[6$b$.$ The largest financing cash flow is the outflow from expenditures for:,$]]$