Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Identify at least one significant change (increase or decrease) from one year to the next in a statement of cash flow account Identify the causes
Identify at least one significant change (increase or decrease) from one year to the next in a statement of cash flow account Identify the causes of the change in each of these accounts.
Discuss the implications of each of these account changes, and your assessment of the company based on these changes.
Do these changes reflect positively or negatively on the company, and what is your assessment of the outlook for the company?
The below image is for Target Corpo
\begin{tabular}{l|c|c|cc|} \hline & \multicolumn{4}{|c|}{31Jan} \\ * dollars in millions & & 2022 & 2021 \\ \hline Net income: & $ & 6,946.00 & $ & 4,368.00 \\ \hline Depreciation/amortization & $ & 2,642.00 & $ & 2,485.00 \\ \hline inventory & $ & (3,249.00) & $ & (1,661.00) \\ \hline accounts payable & $ & 2,628.00 & $ & 2,925.00 \\ \hline Total Changes in Assets/Libilities & $ & (1,145.00) & $ & 3,058.00 \\ \hline net cash from operations & $ & 8,625.00 & $ & 10,525.00 \\ \hline net cash used in financing & $ & (8,071.00) & $ & (2,000.00) \\ \hline net cash used in investing & $ & (3,154.00) & $ & (2,591.00) \\ \hline cash and cash equivalents end of period & $ & (2,600.00) & $ & 5,934.00 \\ \hline \hline \end{tabular} \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Increase (Decrease) } \\ \hline \multicolumn{1}{|c|}{ Dollars } & Percent \\ \hline$2,578.00 & 59% \\ \hline$157.00 & 6% \\ \hline$(1,588.00) & 96% \\ \hline$(297.00) & 10% \\ \hline$(4,203.00) & 137% \\ \hline$(1,900.00) & 18% \\ \hline$(6,071.00) & 304% \\ \hline$(563.00) & 22% \\ \hline$(8,534.00) & 144% \\ \hline \end{tabular}Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started