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Required Information Target Case (Static) [LO7-2, 7-5] [The following Information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 1, 2020, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). Target Case (Static) Part 1 Required: 2. What is Target's balance of cash equivalents for the fiscal year ended February 1, 2020? Note: Enter your answer in millions. Balance of cash equivalents 1,534 million 4. Does Target have accounts receivable? O Yes No

Required Information Target Case (Static) [LO7-2, 7-5] [The following Information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 1, 2020, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). Target Case (Static) Part 1 Required: 2. What is Target's balance of cash equivalents for the fiscal year ended February 1, 2020? Note: Enter your answer in millions. Balance of cash equivalents 1,534 million 4. Does Target have accounts receivable? O Yes No

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required Information Target Case (Static) [LO7-2, 7-5] [The following Information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 1, 2020, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). Target Case (Static) Part 1 Required: 2. What is Target's balance of cash equivalents for the fiscal year ended February 1, 2020? Note: Enter your answer in millions. Balance of cash equivalents 1,534 million 4. Does Target have accounts receivable? O Yes No
Transcribed Image Text:Required Information Target Case (Static) [LO7-2, 7-5] [The following Information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 1, 2020, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). Target Case (Static) Part 1 Required: 2. What is Target's balance of cash equivalents for the fiscal year ended February 1, 2020? Note: Enter your answer in millions. Balance of cash equivalents 1,534 million 4. Does Target have accounts receivable? O Yes No
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