Use the Target Corporation's Form 10-K to answer the following questions related to Target's 2015 fiscal year (year ended January 30, 2016). Target's Form 10-K is available on the company's website or through the SEC's EDGAR database. Appendix A provides instructions for using the EDGAR database.

a. What was Target's net income for 2015 (the year ended January 30, 2016)?

b. Did Target's net income increase or decrease from 2014 to 2015, and by how much?

c. What was Target's accounting equation for 2015?

d. Which of the following had the largest percentage change from 2014 to 2015: net sales; cost of sales; or selling, general, and administrative expenses? Show all computations.