Question
Use Targets annual reports for fiscal years 2020 and 2021 to answer the following questions: 1. Compare Targets net earnings and its cash provided by
Use Targets annual reports for fiscal years 2020 and 2021 to answer the following questions: 1. Compare Targets net earnings and its cash provided by operating activities for fiscal year 2021. Which is larger? Explain why net earnings is not equal to cash provided by operating activities in 2021? What could be the potential reasons that cause the difference between these two amounts? 2. Compare Targets 2020 net earnings to its 2021 net earnings? Compare Targets 2020 cash provided by operating activities to its 2021 cash provided by operating activities. Which changed more from 2020 to 2021, net earnings or cash provided by operating activities?
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