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In: AccountingWalmartTargetCommon size comparative analysis-Cash FlowCommon size comparative analysis- Cash FlowFor the year...WalmartTargetCommon size comparative analysis-Cash FlowCommon size comparative analysis- Cash FlowFor the year ended January 31, 2018For the year ended February 3, 2018Details2018Details2018$$Net Income$9,862,000Net Income$2,934,000Cash Flows-Operating ActivitiesCash Flows-Operating ActivitiesDepreciation$10,529,000Depreciation$2,445,000Net Income Adjustments$4,042,000Net Income Adjustments$229,000Changes in Operating ActivitiesChanges in Operating ActivitiesAccounts Receivable($1,074,000)Accounts Receivable0Changes in Inventories($140,000)Changes in Inventories($348,000)Other Operating Activities0Other Operating Activities($168,000)Liabilities$4,457,000Liabilities$1,757,000Net Cash Flow-Operating$28,337,000Net Cash Flow-Operating$6,923,000Cash Flows-Investing ActivitiesCash Flows-Investing ActivitiesCapital Expenditures($10,051,000)Capital Expenditures($2,533,000)Investments0Investments($55,000)Other Investing Activities$991,000Other Investing Activities($487,000)Net Cash Flows-Investing($9,060,000)Net Cash Flows-Investing($3,075,000)Cash Flows-Financing ActivitiesCash Flows-Investing ActivitiesSale and Purchase of Stock($8,304,000)Sale and Purchase of Stock($938,000)Net Borrowings($1,437,000)Net Borrowings($1,441,000)Other Financing Activities($3,320,000)Other Financing Activities0Net Cash Flows-Financing($19,875,000)Net Cash Flows-Financing($3,717,000)Effect of Exchange Rate$487,000Effect of Exchange Rate0Net Cash Flow($111,000)Net Cash Flow$131,000· What were thecompanies’ cash flows from operations? Were they positive?· Were operatingcash flows smaller or larger than net income?· What are themajor differences between operating cash and net income?· Did the companypurchase new property and equipment (‘Capital expenditures’) duringthe years?· Did the companyissue new debt during the year or was the debt repaid? (Hint: Wemust sometimes sum one or more-line items on this statement todetermine total net debt activity.)· Did the companyissue new stock?· Did the companypay dividends?