Target Corporation had net earnings of $2,929 million in the fiscal year ending January 28, 2012. Additional
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Target Corporation had net earnings of $2,929 million in the fiscal year ending January 28, 2012. Additional information follows (in millions):
Compute the net cash provided by operating activities. Explain why the net cash provided by operating activities is greater than the net income.
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Year Ended Depreciation and amortization Bad debt expense Non-cash losses Other noncash charges affecting earnings Cost of sales Deferred income taxes Changes in noncash working capital accounts: January 28, 2012 S 2,131 $ 154 $ 22 $ 90 $47,860 S 371 Accounts receivable Inventory Other assets Accrued liabilities Accounts payable Other liabilities s 187 Increase $322 Increase $ 107 Increase $ 218 Increase $232 Increase $97 Decrease
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Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
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