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How many shares of

Requirement 1

What amounts did The Gap report for the following items for the fiscal year ended January 30, 2016?

a.Total net revenues

b.Total operating expenses

c.Net income (earnings)

d.Total assets

e.Total stockholders’ equity

Requirement 2

How many shares of common stock did The Gap have issued on January 30, 2016?

Requirement 3

Why do you think The Gap reports more than one year of data in its financial statements?

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