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Scenario
For this assignment, you are an intern at a bank, and you work with financial information. Employees in this banking area often explain financial concepts to their clients. One client has specific questions about the auditor’s letter in an annual report. The client has written his questions. Your managing supervisor would like you to respond to the client.
Instructions
For each question, write short answers using complete sentences. This document will be an attachment in an email submitted to the client.
1. Download the 2021 annual report for Target. You will use the same Target annual report as in module 02:
Annual Reports and Archive (target.com). Make sure you use the 2021 report.
Public company financial statements are available in their annual report, usually found on the company’s website under Investor Relations. This information can also be found in the Mergent Online library database: https://guides.rasmussen.edu/mergent. Learn more about using Mergent Online: https://rasmussen.libanswers.com/faq/209710.
2. Next, download this Word document and answer the questions on the document.
Financial Statement Application
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