Target Corporation had net earnings of $2,929 million in the fiscal year ending January 28, 2012. Additional
Question:
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...
Transcribed Image Text:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (11 reviews)
All of the items listed except provision for income taxes and interest expense are additions to or d...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Question Posted:
Students also viewed these Accounting questions
-
The computation of cash provided by operating activities requires analysis of the noncash current asset and current liability accounts. Determine the missing amounts for each of the following...
-
The Coca-Cola Company reported "Net cash provided by operating activities" of $7,150 million in its 2007 cash flow statement. It also reported interest paid of $405 million and interest income of...
-
Lott Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
The engines of most rockets produce a constant thrust (forward force). However, when a rocket is fired, its acceleration increases with time as the engine continues to operate. Is this situation a...
-
Same as Problem 24.34, except use a 300-ft spiral for the curve of Problem 24.8.
-
Below are a number of costs that are incurred in a variety of organization. Required: Classify each cost as being variable or fixed with respect to the number of units of product or services sold by...
-
When we roll a pair of balanced dice, what are the probabilities of getting (a) 7 ; (b) 11 ; (c) 7 or 11 ; (d) 3 ; (e) 2 or 12 ; (f) 2,3 , or 12 ?
-
Consider a gas-fired boiler in which five coiled thin-walled, copper tubes of 25-mm diameter and 8-m length are submerged in pressurized water at 4.37 bars. The walls of the tubes are polished and...
-
Moomoo company has recently expanded Into the Tampa Bay market to sell plant-based vegan Ice cream cones. The estimated market for plant-based vegan Ice cream cones in this market is 200,000 cones...
-
Given the following five items, from a U.S. perspective what is the absolute value of items associated with the Financial Account on this list? (Omit currency symbols and commas in answer) Japanese...
-
Walgreen Co., the largest drugstore chain in the United States, had the following items in its financial statements for the year ended August 31, 2011 (in millions): Net sales .. $72,184 Net earnings...
-
Accumulated depreciation is a sum of cash being accumulated for the replacement of fixed assets. Do you agree? Explain.
-
Why are stocks usually more risky than bonds?
-
(a) (10 points) Alice chooses q = 101 and p = 8081. Alice selects h = 3 and calculate g = h(p-1)/9 mod p = 6968. Alice chooses x = 61 as the private key and calculate public key y = g* mod p = 2038....
-
(a) (5 points) What is the minimum and maximum number of padding bits that can be added to a message? (b) (5 points) In SHA-512, show the value of the length field in hexadecimal for the following...
-
3. Consider the following binary heap in an array. root 20 26 55 41 33 60 31 11 71 17 88 97 8 44 53 30 62 a) Draw a binary heap. b) Show the resulting binary heap after inserting 37. Number of swaps...
-
11) Suppose you are using RSA (with modulus n = p q and encrypting exponent e), but you decide to restrict your message to number m satisfying m1000 = 1 mod n a. Show that if d satisfies de = 1 mod...
-
Consider this relation schema with 7 attributes (P is abbreviation for patient and D is abbreviation for doctor) Visit = (Date, Pno, Pname, Dno, Dname, Diagnosis, Cost) and this set of 4 functional...
-
If the European Central Bank decides to contract the money supply in order to fight inflation, what will happen to the value of the Canadian dollar?
-
Research an article from an online source, such as The Economist, Wall Street Journal, Journal of Economic Perspectives, American Journal of Agricultural Economics, or another academic journal. The...
-
Adapt the proof of Proposition 15.18 and prove that we also have \[\lim _{|\Pi| ightarrow 0} \mathbb{E}\left[\sup _{t \leqslant T}\left|\int_{0}^{t} f(s) d B_{s}-\sum_{j=1}^{n} f\left(s_{j-1}...
-
Ron Williams recently took over as the controller of Mission Manufacturing. Last month, the previous controller left the company with little notice and left the accounting records in disarray. Ron...
-
Tampa Office Equipment manufactures and sells metal shelving. It began operations on January 1, 2013. Costs incurred for 2013 are as follows (V stands for variable; F stands for fixed): Direct...
-
Griswold Company began operations in 2013. The company manufacturers a professional- grade vacuum cleaner and can make up to 18,000 units each year. Actual data for 2013 are given as follows:...
-
Why are gains/losses added back to (or deducted from) the cash from operations section of a cash flow statement?
-
Combination A, B, C, and F is the fifth most valuable with an NPV of $169,000. how did you came up with it?
-
Using a suitable example explain how you would check that equipment is ready for shut down to commence?
Study smarter with the SolutionInn App