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The following account information was presented as adjustments to net income in a recent statement of cash flows for Target Corporation. Determine whether each item

The following account information was presented as adjustments to net income in a recent statement of cash flows for Target Corporation. Determine whether each item would be a positive adjustment or a negative adjustment to net income in determining cash from operations. ($ millions).

a. Operating activities increased accounts payable by $232.
AnswerPositive adjustmentNegative adjustment
b. Operating activities increased inventories by $322.
AnswerPositive adjustmentNegative adjustment
c. Operating activities decreased other noncurrent liabilities by $97.
AnswerPositive adjustmentNegative adjustment
d. Depreciation and amortization expense was $2,131.
AnswerPositive adjustmentNegative adjustment
e. Operating activities decreased other noncurrent assets by $43.
AnswerPositive adjustmentNegative adjustment

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