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Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February 1, 2020. This material

Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February 1, 2020. This material is also available under the Investor Relations link at the companys website.

1. Compare the property and equipment listed in the balance sheet with the list in Note 10. What are the estimated useful lives for recording depreciation? Is land listed in Note 10 (yes/no)?

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