Question

b. Page B-3How would the following affect Target’s gift card liability (indicate “increase,” “decrease,” or “no change” for each):

i. Sale of a gift card

ii. Redemption of a gift card (the holder using it to acquire goods or services)

iii. Increase in breakage estimated for gift cards already sold

Target's 10K: https://corporate.target.com/annual-reports/2015/10-K/form-10-K