Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for

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Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended January 30, 2016, are available in Connect. This material is also available under the Investor Relations link at the company's website (www.target.com). Target's share-based compensation includes several long-term incentive plans.
Required:
1. Over how many years is the compensation associated with Target's share-based awards expensed?
2. Based on the fair value of the awards, what was Target's primary form of share-based compensation for the year ended January 30, 2016?
3. If projecting Target's earnings per share based solely on EPS reported over the most recent three years, would you project increasing or decreasing EPS?
4. How many shares were included in diluted earnings per share but not basic earnings per share due to share based compensation awards?
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...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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