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Use Targets annual report for fiscal year 2021 (year ended on January 29, 2022) to answer the following questions. For 2021, which was larger, Targets
Use Targets annual report for fiscal year 2021 (year ended on January 29, 2022) to answer the following questions.
- For 2021, which was larger, Targets net income or its cash from operating activities? By what amount did they differ?
- What two items are most responsible for the difference between Targets net income or its cash from operating activities in 2021?
- In 2021, Target generated $8.6 billion of cash from operating activities, and its cash and cash equivalents balance decreased by $2.6 billion. How did the company use this $11.2 billion of cash?
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
