Target experienced a major credit/debit card breach in November and December, 2013, which
put 40 million shoppers at risk for credit and debit card fraud. Explain how this security breach
impacted Target in the following areas (incorporate this event into your analysis):
1. In the past five years, have Target’s sales been increasing or decreasing?
2. In the past five years, have Target’s net earnings been increasing or decreasing?
3. In the past five years, have Target’s Total Assets been increasing (or decreasing)?
4. After reviewing the financial statements, what trends do you see? Why are they important?
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