1. Briefly describe Target corporation and the industry it is operating within and services it is providing.

-Where would Target corporation report plant assets on its financial statements? How are plant assets reported, and what is their value for the company as of the end of the year from the annual report?

-What is depreciation and how is it computed? Does Target corporation depreciate its plant assets? How do you know? What is the depreciation method used and the useful lives?

-How is the book value of plant assets calculated? What is the net book value Target corporation's plant assets as of end of the year?

-What type of intangibles would be included on Target corporation's financial statements and where would they be located?

-What is goodwill? Does your selected corporation report goodwill? Explain your answer