How Much Net Cash Did Target Generate from Operating Activities in 2023?
Question:
Answer:
The net cash provided by operating activities for Target in 2023 was $2,342,500.Target reported the following figures for 2023 regarding net cash provided by operating activities: $568,950, $92,050, $586,050, $577,450, -$12,550, $511,050, $17,050, and $2,450. By adding up these values, we determined that the net cash provided by operating activities for Target in 2023 was $2,342,500.
This result indicates that Target had a positive net cash flow from its operating activities in 2023, which is a good sign for the company. Having a healthy cash flow from operations is important for sustaining business operations, investing in growth opportunities, and returning value to shareholders.
Overall, the positive net cash provided by operating activities for Target in 2023 demonstrates the company's ability to generate cash internally through its core business activities. This can help support the company's financial health and future growth prospects.