Use the Target Corporation’s annual report in Appendix B to answer the following questions:
Required
a. What was the average interest rate on Target’s long-term debt in the fiscal-year ended February 1, 2014 (2013)?
b. Target has an “unsecured revolving credit facility” (i.e., a line of credit). What is the total amount of credit available under this facility? How much of this total amount available had Target used as of February 1, 2014?
c. Target’s balance sheet shows a line titled “Other noncurrent liabilities.” What are the types of debt included in this category?