Financial Accounting Homework

I need help with 2 questions for my accouting504 class. These are not graded, but want them to be correct to post in my discussion thread.

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Here you go. I hope this one comes out better and works.

#1. Please calculate the percentage increase or decrease in cash for the operating, investing, and financing sections of the Target Statement of

Cash

flows and explain the major reasons for the increase or decrease for each of these sections. You only have to calculate the percentage increase or decrease for the total lines for each section.
To calculate the percentage increase or decrease, you need to utilize the

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201

2 and 2011 numbers.

TargetCorporation_10K_20130320[1]

#2 P2-1A Suppose the following items are taken from the 2014 balance sheet of Yahoo! Inc. (All dollars are in millions.)

Prepare a classified balance sheet.

(LO 1), AP

Goodwill

$3,927

Common stock

6,283

Equipment

1,737

Accounts payable

152

Patents

234

Stock investments (long-term)

3,247

Accounts receivable

1,061

Prepaid rent

233

Debt investments (short-term)

1,160

Retained earnings

6,108

Cash

2,292

Notes payable (long-term)

734

Unearned sales revenue

413

Accumulated depreciation—equipment

201

Instructions

Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2014.

Tot. current assets

$4,746

Tot. assets

$13,690

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