Question

In: Accounting

1. In which state is Target Corp chartered(incorporated)? 2. Who is responsible for the consistency, integrity,...

1. In which state is Target Corp chartered(incorporated)?

2. Who is responsible for the consistency, integrity, and presentation" of Target's annual report information?

3. What is a Form 10-K?

Solutions

Expert Solution

1. Target Corporation Incorporated In Minneapolis , United States Of America. It Is the Second Largest Department store retailer in U.S after Walmart. George Dayton is the founder of Target Corporation.

2. In Every Organisation either Small Scale or Large Scale Management Is Responsible for the consistency, integrity, and presentation. So, In Target Corp Management is responsible for the consistency, integrity, and presentation of the information in the Annual Report. The consolidated financial statements and other information presented in this Annual Report have been prepared in accordance with accounting principles generally accepted in the United States and include necessary judgments and estimates by management.In addition, consolidated financial statements have been audited by Ernst & Young LLP, independent registered public accounting firm

3. A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance.The 10-K includes information such as company history, organizational structure, executive compensation, equity, subsidiaries, and audited financial statements, among other information.


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