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Target Corporation prepares its' financial statements according to U . S . GAAP. Target's finaricial statements and disclosure notes for the year ended February 3
Target Corporation prepares its' financial statements according to US GAAP. Target's finaricial statements and disclosure notes for the year ended February are available here. This material is also available under the Investor Relations link at the company's website
wwwtarget.com
Target Case StaticPart
a In Note which depreciation method does Target use for property and equipment for financial reporting?
b In Note which depreciation method is used for tax purposes?
c Which statement is true regarding why a company might choose one of these methods?
In Note how does Target record repairs and maintenance expense?
a In Note does Target report any impairment of property and equipment for the year ended February
b What was the amount of impairment of property and equipment for the year ended February
c How Impairments are related to
a From Notes and were any impairments related to intangible assets recorded for the year ended February
b What was the amount of impairment of intangible assets for the year ended February
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