Chapter 2 material:
Which accounts on Target’s balance sheet are accrual-typeaccounts?
Which accounts on Target’s balance sheet are deferral-typeaccounts?
Compare Target’s 2015 net earnings (the year endedJanuary 30, 2016) to its 2015 cash provided by operatingactivities. Which is larger?
First, compare Target’s 2014 net income to its 2015 net income.Next, compare Target’s 2014 cash provided by operating activitiesto its 2015 cash provided by operating activities. Which changedthe most from 2014 to 2015, net earnings or cash provided byoperating activities?
Why did Target’s net earnings change so much from 2014 to2015?
