Obtain the Target Corporations annual report at http://investors.target.com using the instructions in Appendix B, and use it
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Obtain the Target Corporation’s annual report at http://investors.target.com using the instructions in Appendix B, and use it to answer the following questions:
a. What method of depreciation does Target use?
b. What types of intangible assets does Target have?
c. What are the estimated lives that Target uses for the various types of long-term assets?
d. As of January 28, 2017 (2016 fiscal year), what is the original cost of Target’s land, buildings and improvements, and fixtures and equipment?
e. What was Target’s depreciation expense and amortization expense for 2016?
Intangible AssetsAn intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
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