Describe the kinds of assets and the range of useful lives of those assets that were included in Property, Plant, and Equipment for the past 2 years for Carter's INC. Cite the applicable financial statement footnote.

Explain which depreciation method Carter's INC. uses for reporting purposes in the financial statements. Cite the applicable financial statement footnote.

Describe the kinds of intangible assets and goodwill included on the balance sheet for Carter's Inc. the past 2 years. Cite the applicable financial statement footnote. If Carter's Inc. has no intangible assets or goodwill, state this.

Explain the goodwill impairment (if any) reported over the last 2 years for Carter's Inc. Cite the applicable financial statement footnote. If no goodwill impairment has occurred in the last 2 years, state this.

Explain any contingent liabilities reported by Carter's Inc in the last 2 years. Cite the applicable financial statement footnote.

Describe the number of credit obligations, their due dates, and their interest rates reported as credit and long-term obligations for Carter's Inc. Cite the applicable financial statement footnote.

Describe Carter's Inc. commitments under its operating lease arrangements. How much rent or lease expense has the company had in each of the last 3 years? Cite the applicable financial statement footnote.

Evaluate the trends in the seven ratios for Carter's Inc. Did the ratios improve, deteriorate, or hold steady during the most recent fiscal year. Do the Carter's Inc. ratio values indicate relative financial strength or weakness?

Evaluate Carter's Inc. accounting practices and financial performance based solely on the seven ratios. What are the areas of strength and the areas of weakness? What are the concerns?