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Estimating Useful Life and Percent Used Up The property and... Estimating Useful Life and Percent Used Up The property and equipment section of the

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Estimating Useful Life and Percent Used Up The property and... Estimating Useful Life and Percent Used Up The property and equipment section of the lululemon athletica 2018 balance sheet follows. Property and Equipment (in thousands) Feb. 3, 2019 Jan. 28, 2018 Land $78,636 $83,048 Buildings 38,030 39,278 Leasehold improvements Furniture and fixtures Computer hardware 362,571 301,449 103,733 69,542 230,689 91,778 61,734 173,997 15,009 14,806 74,271 972,481 (405,244) (343,708) $567,237 $473,642 51,260 817,350 6.7 Computer software Equipment and vehicles Work in progress Property and equipment, gross Accumulated depreciation Property and equipment, net a. Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? Answer Yes No Compute the estimated percent used up of lululemon's depreciable assets. ote: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? No Compute the estimated useful life of lululemon's depreciable assets. ote: Round your answer to one decimal place (for example, enter 6.8 for 6.77555). * years b.Compute the estimated useful life of lululemon's depreciable assets. Note: Round your answer to one decimal place (for example, enter 6.8 for 6.77555). Answer years c.Compute the estimated percent used up of lululemon's depreciable assets. Note:Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). Answer 49.4 * %

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