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Introduction / Module 6 Homework Property and equipment, gross 817,350 Accumulated depreciation (360,893) Property and equipment, net $456,457 Depreciation expense related to property and equipment
Introduction / Module 6 Homework Property and equipment, gross 817,350 Accumulated depreciation (360,893) Property and equipment, net $456,457 Depreciation expense related to property and equipment was $128.5 million and $113,4 million, for the years ended February 3, 2019, and January 28, 2018, respectively. Required a. Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? No = Check 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). 5.8 years Ready 972,481 (425,506) $546,975 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%). 43.8 Module 6 Homework *% Accessibility: Good to go 404 Dagd V 19 1
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