Details about a company’s cash flows appear in a number of places in the annual report. Use Target Corporation’s Fiscal 2018 Annual Report to answer the following questions. Visit https://www.pearsonglobaleditions.com/Horngren to view a link to Target Corporation’s Fiscal 2018 Annual Report.
Requirements

1. Which method does Target use to report net cash flows from operating activities?
How can you tell?
2. Target earned net income during 2018. Did operations provide cash or use cash during 2018? Give the amount. How did net cash provided by (used for) operations during 2018 compare with net income in 2018?
3. For the year ended February 2, 2019 (fiscal year 2018), did Target pay cash dividends?
If so, how much?
4. For the year ended February 2, 2019, did Target use cash to purchase property, plant, and equipment? If so, how much?