Financial statements of Target are available at:http://www.annualreports.com/Company/target-corp VII

Financial statements of Target are available at:http://www.annualreports.com/Company/target-corp VII

Financial statements of Target are available at:http://www.annualreports.com/Company/target-corp VII. Financial Report: For this part of theassessment, you will prepare a financial report in response to ahypothetical scenario: A major global disaster (in this case an oilspill) has caused environmental damage and has affected globaltransportation as well. As the controller of Target Corporation,you are tasked with providing a financial report to the board ofdirectors addressing how this event will affect your company. A. Analyze the effects of the global disaster on thefinancial statements of Target Corporation using the financialinformation from Target Corporation. B. Recommend strategies to address the effects of thedisaster on Target Corporation based on your analysis. When answering the questions, consider thefollowing: Focus on how the disaster will affect TargetCorporation, specifically related to increases in costs ofoperations and possible rising prices from vendors for shipping andproducts. How will this affect Target Corporation’s bottom line?Could there be an impact to cost of goods sold? What aboutincreases in shipping? Will you need to raise prices? Could thesecause inventory shortages? How will this affect sales and yourcustomer base? When considering strategies, what can be done tooffset these impacts? How could you avoid the impact of risingtransportation costs in products and shipping, along with possibledelays in merchandise shipments due to this disaster? . . .

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