Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States. As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices. Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.

1. To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:

a. Vision b. Mission

c. Business objective.

d. Product and type of services.

2. Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.

3. Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.

4. How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales? 5. Identify the various consumer decision processes for the Target Corporation customer?

6. How will you establish the market research for making better decision to establish and enhance the marketing?

7. How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers? 8. How Target Corporation, KSA will manage all of their products and services?

• The word count for this assignment must be between 2500 to 3000 words.

Please complete the following list of assignments and upload using this link. Please limit the number of files you create to a max of 2, one excel and one word document.

P 1-1 FASB Statement of Financial Accounting Concepts No. 2 indicates several qualitative characteristics of useful accounting information. Following is a list of some of these qualities, as well as a list of statements and phrases describing the qualities.

a. Benefits > costs

b. Decision usefulness

c. Relevance

d. Reliability

e. Predictive value, feedback value, timeliness

f. Verifiability, neutrality, representational faithfulness

g. Comparability

h. Materiality

i. Relevance, reliability

Required Place the appropriate letter identifying each quality on the line in front of the statement or phrase describing the quality.

__?_ 1.Without usefulness, there would be no benefits from information to set against

its cost.

__?_ 2. Pervasive constraint imposed on financial accounting information.

__?_ 3. Constraint that guides the threshold for recognition.

__?_ 4. A quality requiring that the information be timely and that it also have predictive value, feedback value, or both.

__?_ 5. A quality requiring that the information have representational faithfulness and that it be verifiable and neutral.

__?_ 6. These are the two primary qualities that make accounting information useful for decision making.

__?_ 7. These are the ingredients needed to ensure that the information is relevant.

__?_ 8. These are the ingredients needed to ensure that the information is reliable.

__?_ 9. Includes consistency and interacts with relevance and reliability to contribute to the usefulness of information.

Required Place the appropriate letter identifying each quality on the line in front of the statement or phrase describing the quality.

P1-2   

Certain underlying considerations have had an important impact on the development of generally accepted accounting principles. Following is a list of these underlying considerations, as well as a list of statements describing them.

a. Going concern or continuity

b. Monetary unit

c. Conservatism

d. Matching

i. Industry practices

j. Verifiability

k. Consistency

l. Realization

e. Full disclosure

f. Materiality

n. Time period

g. Transaction approach   

o. Business entity

h. Accrual basis

__?_ 1. The business for which the financial statements are prepared is separate and distinct from the owners.

__?_ 2. The assumption is made that the entity will remain in business for an indefinite period of time.

__?_ 3. Accountants need some standard of measure to bring financial transactions together in a meaningful way.

__?_ 4. Revenue should be recognized when the earning process is virtually complete and the exchange value can be objectively determined.

__?_ 5. This concept deals with when to recognize the costs that are associated with the recognized revenue.

__?_ 6. Accounting reports must disclose all facts that may influence the judgment of an informed reader.

__?_ 7. This concept involves the relative size and importance of an item to a firm.

__?_ 8. The accountant is required to adhere as closely as possible to verifiable data.

__?_ 9. Some companies use accounting reports that do not conform to the general theory that underlies accounting.

__?_ 10. The accountant records only events that affect the financial position of the entity and, at the same time, can be reasonably determined in monetary terms.

__?_ 11. Revenue must be recognized when it is realized (realization concept), and expenses are recognized when incurred (matching concept).

__?_ 12. The entity must give the same treatment to comparable transactions from period to period.

__?_ 13. The measurement with the least favorable effect on net income and financial

position in the current period must be selected.

Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Melanie Vail Corp. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, if applicable. Melanie Vail Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2017, the following balances relate to this plan. Plan assets $480,000 Projected benefit obligation 625,000 Accumulated OCI (PSC) 100,000 Dr. Accumulated OCI (Gain/Loss) 85,000 Cr. As a result of the operation of the plan during 2017, the following additional data are provided by the actuary: Service cost for 2017 $90,000 Settlement rate 9% Actual return on plan assets in 2017 57,000 Expected return on plan assets 10% Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions 76,000 Contributions in 2017 99,000 Benefits paid retirees in 2017 85,000 Avg. remaining service life (all employees) 12 years Click the link below to download an Excel workbook containing the spreadsheets you will need for this exercise. Use the spreadsheet Pensions to prepare a pension worksheet. On the pension worksheet, compute pension expense, pension asset/liability, projected benefit obligation, plan assets, prior service cost, and net gain or loss. Prepare the journal entry using the spreadsheet Journal Entries to record pension expense in 2017. Indicate the reporting of the 2017 pension amounts in the income statement and balance sheet using the spreadsheet Pensions. What is the amount of deferred pension gain or loss that the company will carry forward to 2018? Compute the same items as in (#1), assuming that the expected rate of return is 14% and the Accumulated OCI (Gain/Loss) is a Debit balance at January 1, 2017.

Templet:

5). Finally, which of the following would you use to write out the results in an APA formatted results section? Note that this one is tricky – some answer options differ in only a single number or word! Pay close attention to details here.

A. We ran a One Way ANOVA with condition (FITD vs. DITF vs. Control) as our dependent variable and willingness to participate in the 30 minute study as our independent variable. The One Way ANOVA was significant, F(2, 87) = 4.05, p < .05. Tukey post hoc tests showed that participants were significantly less willing to participate in the 30 minute study in the control condition (M = 6.63, SD = 1.30) than in both the FITD condition (M = 7.40, SD = 1.00) and the DITF condition (M = 7.37, SD = 1.22), though the DITF and FITD conditions did not differ from each other.

B. We ran a One Way ANOVA with condition (FITD vs. DITF vs. Control) as our independent variable and willingness to participate in the 30 minute study as our dependent variable. The One Way ANOVA was significant, F(2, 87) = 4.05, p < .05. Tukey post hoc tests showed that participants were significantly less willing to participate in the 30 minute study in the control condition (M = 6.63, SD = 1.30) than in both the FITD condition (M = 7.40, SD = 1.00) and the DITF condition (M = 7.37, SD = 1.22), though the DITF and FITD conditions did not differ from each other.

C. We ran a One Way ANOVA with condition (FITD vs. DITF vs. Control) as our independent variable and willingness to participate in the 30 minute study as our dependent variable. The One Way ANOVA was significant, F(2, 87) = 4.05, p < .001. Tukey post hoc tests showed that participants were significantly less willing to participate in the 30 minute study in the control condition (M = 6.63, SD = 1.30) than in both the FITD condition (M = 7.40, SD = 1.00) and the DITF condition (M = 7.37, SD = 1.22), though the DITF and FITD conditions did not differ from each other.

D. We ran a One Way ANOVA with condition (FITD vs. DITF vs. Control) as our independent variable and willingness to participate in the 30 minute study as our dependent variable. The One Way ANOVA was not significant, F(2, 89) = 4.05, p > .05. Since p was greater than .05, there was no need to conduct post hoc tests.

E. We ran a One Way ANOVA with condition (FITD vs. DITF vs. Control) as our independent variable and willingness to participate in the 30 minute study as our dependent variable. The One Way ANOVA was significant, F(2, 87) = 4.05, p < .05. Tukey post hoc tests showed that participants were significantly less willing to do the study in the control condition (M = 6.63, SD = 1.30) than in both the FITD condition (M = 7.40, SD = 1.00) and the DITF condition (M = 7.37, SD = 1.22). In addition, those in the DITF condition were significantly less willing to participate in the 30 minute study than those in the FITD condition.

Portfolio Project:

Exotic Food Inc., Capital Budgeting Case

CASE SUMMARY

Exotic Food Inc., a food processing company located in Herndon, VA, is considering adding a new division to produce fresh ginger juice. Following the ongoing TV buzz about significant health benefits derived from ginger consumption, the managers believe this drink will be a hit. However, the CEO questions the profitability of the venture given the high costs involved. To address his concerns, you have been asked to evaluate the project using three capital budgeting techniques (i.e., NPV, IRR and Payback) and present your findings in a report.

CASE OVERVIEW

The main equipment required is a commercial food processor which costs $200,000. The shipping and installation cost of the processor from China is $50,000. The processor will be depreciated under the MACRS system using the applicable depreciation rates are 33%, 45%, 15%, and 7% respectively. Production is estimated to last for three years, and the company will exit the market before intense competition sets in and erodes profits. The market value of the processor is expected to be $100,000 after three years. Net working capital of $2,000 is required at the start, which will be recovered at the end of the project. The juice will be packaged in 20 oz. containers that sell for $3.00 each. The company expects to sell 150,000 units per year; cost of goods sold is expected to total 70% of dollar sales.

               Weighted Average Cost of Capital (WACC):

Exotic Food’s common stock is currently listed at $75 per share; new preferred stock sells for $80 per share and pays a dividend of $5.00. Last year, the company paid dividends of $2.00 per share for common stock, which is expected to grow at a constant rate of 10%. The local bank is willing to finance the project at 10.5% annual interest. The company’s marginal tax rate is 35%, and the optimum target capital structure is:

Your main task is to compute and evaluate the cash flows using capital budgeting techniques, analyze the results, and present your recommendations whether the company should take on the project.

QUESTIONS

To help in the analysis, answer all the following questions. Present the analysis in one Excel file with the data, computations, formulas, and solutions. It is preferred that the Excel file be embedded inside the WORD document (question 8).

1. What is the total investment amount at the start of the project (i.e., year zero cash flow)?
2. What is the depreciation amount for each year?
   • Create a depreciation schedule
3. What is the after-tax salvage value of the equipment?
4. What is the projected net income and Operating Cash Flows (OCF) for the three years?
   • Complete an income statement for each year.
5. What are the Free Cash Flows (FCF) generated from the project?
   • Create a projected cash flow schedule
6. What is the Weighted Average Cost of Capital (WACC)?
   • Compute the after-tax cost of debt
   • Compute the cost of common equity
   • Compute the cost of preferred stock
   • Compute the Weighted Average Cost of Capital (WACC)
7. Using a WACC of 15%, apply four capital budgeting techniques to evaluate the project, assuming the Free Cash Flows are as follows:

The four techniques are NPV, IRR, MIRR, and discounted Payback. Assume the reinvestment rate to be 8% for the MIRR. Also, assume that the business will only accept projects with a payback period of two and half years or less.

The maintenance manager at a trucking company wants to build a regression model to forecast the time (in years) until the first engine overhaul based on four explanatory variables: (1) annual miles driven (in 1,000s of miles), (2) average load weight (in tons), (3) average driving speed (in mph), and (4) oil change interval (in 1,000s of miles). Based on driver logs and onboard computers, data have been obtained for a sample of 25 trucks. A portion of the data is shown in the accompanying table.

a. For each explanatory variable, discuss whether it is likely to have a positive or negative causal effect on time until the first engine overhaul.

The effect on time is either Positive or Negative! Fill them in below.

b. Estimate the regression model. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.)

TimeˆTime^  = ________+_______ Miles +_______ Load + ________ Speed + _______ Oil

c. Based on part (a), are the signs of the regression coefficients logical?
The below signs will be filled with the word logical or not logical!

d. What is the predicted time before the first engine overhaul for a particular truck driven 57,000 miles per year with an average load of 18 tons, an average driving speed of 57 mph, and 18,000 miles between oil changes. (Round coefficient estimates to at least 4 decimal places and final answer to 2 decimal places.)

Excel data:

Don't care how you solve as long as answers are correct. I will like for it being correct!

The company the team chose is Alphabet formally Google, and competitor is Yahoo

You are a senior manager for the highly successful regional CPA firm of Fine, Dee, Evah, Dense, LLP (Fine). Since its inception nearly 30 years ago, Fine's audit practice has exclusively consisted of auditing private and not-for-profit organizations. Recently, the partners have been considering an opportunity to audit a publically-traded company for the company your team has selected.

The primary reason Fine has not heretofore ventured into auditing public-traded companies is because of the potential risk and legal liability associated with auditing public companies. However, Fine has been a bit stagnant, business-wise, for the past few years, and some of the older and more risk adverse partners are beginning to retire. Consequently, the lure of the often-lucrative and prestigious opportunity to audit a public company has become to hard to resist, so the partners have decided to pursue the chance to audit this company.

On a beautiful early-september morning you are called into the senior partner's office and told you and your team have been selected to lead the first-ever effort to audit a public-traded company for Fine. You are honored, but also know auditing a public company is a bit more tricky and complicated than auditing private and not-for-profit organizations. Fortunately, the senior partner had considerable experience early in his career with another firm in auditing public companies and told you he would be with you all the way. Relieved, you asked him what he wanted you to do. He tossed you the most recent Form 10-K of the company you selected and gave you the following assignments:

Review and discuss the Form 10-K for the company you have selected.
Create a report that will have 4 Sections.

Section 1. Initial Risk Assessment

Hint: The business and risk information is usually found in the first part of the risks, do not simply restate what is in the Form 10-K. Think like a senior manager at a CPA firm-what accounts (cash, A/R, Inventory,etc.) might be the most potentially risky and Why? For example an airline might not have the same inventory considerations found with a retail outlet like Wal-Mart.

Describe the following issues:
Ethics and legal Issues

1. The ETHICS and sophistication of top management and cultures where the company operates.

2. Have there been significant auditing or accounting issues raised in the recent past?

3. Did they have disputes with their previous audit firm?
4. IS this company or industry particularly susceptible to lawsuits or other legal proceedings?

Evaluate the regulatory and compliance and requirements of this company.
1. The compliance requirements of this company.

2. is it subject to a high-level of governmental regulation?

3. Are employees unionized? Are they generally compliant with Sarbanes-Oxley and other regulatory rules?

Section 2. Analytical Procedures

Based on Table 8-1 Examples of Planning Analytical Procedures and the sections on Analytical Procedures, select three ratios ( current, ratio, Inventory turnover, debt to equity, return on assets). calculate these ratios for the most recent year and compare the results.

Write a 350 to 525 word analysis of your findings

Section 3. Materiality and Risk

The senior partner wants to confirm your understanding of key concept.
Summarize each concept 90 to 175 words each.

materiality
misstatement
audit risk
audit risk model
inherent risk.
relationship of risk to audit evidence

Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.

Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States.

As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices.

Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.

To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:

Vision

Mission

Business objective.

Product and type of services.   

Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.

Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.

How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales?

Identify the various consumer decision processes for the Target Corporation customer?

How will you establish the market research for making better decision to establish and enhance the marketing?   

How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers?

How Target Corporation, KSA will manage all of their products and services? What are the steps in the best development process for new products?

Assignment Workload:

The word count for this assignment must be between 2500 to 3000 words.

QUESTION 1

1. A multilingual individual with extensive atrophy is still able to perform within normal limits on most measures of cognitive ability. This is an example of

   		Brain reserve
   		Cognitive reserve
   		Inhibition Deficit
   		Transmission Deficit

2 points   

QUESTION 2

1. 80-year-old female presents with a brain 19% smaller than when she was 40 and a reduction in dendritic/synaptic spines. Is this an example of Healthy Aging?  

   Yes

   No

2 points   

QUESTION 3

1. Many of the linguistic changes associated with healthy aging can be attributed to a reduction in:

   		Episodic memory
   		Semantic memory
   		Working memory
   		Procedural Memory

2 points   

QUESTION 4

1. 120-year-old female presents with declining scores on sustained attention and recalling new information. Yet she walks 10 miles a day and is a lifelong vegetarian. Is this an example of healthy aging?

   Yes

   No

2 points   

QUESTION 5

1. 65-year-old female presents with a decline in coherence scores, as well as a reduction in syntactic complexity. Semantic memory did not demonstrate any decline. fMRI demonstrated a shift from utilizing episodic memory to using more semantic memory. On measures of working memory with distractors, the individual was able to remember 3 items. Is this an example of healthy aging?

   Yes

   No

2 points   

QUESTION 6

1. 90-year-old man presents with attention, memory, working memory, and executive function scores within normal limits. He also scores within normal limits on measures of receptive and expressive language. However, his discourse samples do show a small reduction in the number of vocabulary items produced. Is this an example of healthy aging?

   Yes

   No

2 points   

QUESTION 7

1. A 40-year-old man presents with a decline in divided/alternating attention and executive function. An MRI reveals his brain as shrunk by 5% within the last decade. Is this an example of healthy aging?

   Yes

   No

2 points   

QUESTION 8

1. A theory of aging where the main physiological mechanism focuses on the deterioration of the myelin sheath that covers neuronal axons?

   		Slowed Processing
   		Transmission Deficit
   		Inhibition Deficit
   		Region-Specific Hypothesis

2 points   

QUESTION 9

1. Chronological age is tied to biological age?

   True

   False

1 points   

QUESTION 10

1. A 60-year-old female presents with a decline in divided/alternating attention and executive function, especially inhibition. The individual also presents with no decline in language production, but there is a moderate decline in comprehension. Is this an example of healthy aging?

   Yes

   No

2 points   

QUESTION 11

1. A 65-year-old female presents with cognitive scores within normal limits for attention, memory, working memory, and executive function. She hasn't noticed a change in her language production or comprehension. She claims to read everyday. An MRI revealed several tiny infarcts across the cortex. Is this an example of healthy aging?

   Yes

   No

2 points   

QUESTION 12

1. 75-year-old female presents with declining scores in the recall of novel word lists but scores within normal limits on measures of semantic memory. Measures of attention and executive function show no decline. However, her working memory capacity is reduced to 1 item with distractors and 4 items without distractors. She is able to perform her activities of daily living independently.  

   Yes

   No

2 points   

QUESTION 13

1. Theory of aging that focuses on the atrophy of brain regions, especially the frontal cortex.

   		Slowed Processing
   		Transmission Deficit
   		Inhibition Deficit
   		Region-Specific Hypothesis