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The property and equipment section of the lululemon athletica 2 0 1 8 balance sheet follows. Property and Equipment ( in thousands ) Feb. 3
The property and equipment section of the lululemon athletica balance sheet follows. Property and Equipment in thousands Feb. Jan. Land $ $ Buildings Leasehold improvements Furniture and fixtures Computer hardware Computer software Equipment and vehicles Work in progress Property and equipment, gross Accumulated depreciation Property and equipment, net $ $ Depreciation expense related to property and equipment was $ million and $ million, for the years ended February and January respectively. Required a Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? Answer b Compute the estimated useful life of lululemons depreciable assets. Note: Round your answer to one decimal place for example, enter for Answer years c Compute the estimated percent used up of lululemons depreciable assets. Note: Round percentage to one decimal place for example, enter for Answer
The property and equipment section of the lululemon athletica balance sheet follows.
Property and Equipment in thousands Feb. Jan.
Land $ $
Buildings
Leasehold improvements
Furniture and fixtures
Computer hardware
Computer software
Equipment and vehicles
Work in progress
Property and equipment, gross
Accumulated depreciation
Property and equipment, net $ $
Depreciation expense related to property and equipment was $ million and $ million, for the years ended February and January respectively.
Required
a Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? Answer
b Compute the estimated useful life of lululemons depreciable assets.
Note: Round your answer to one decimal place for example, enter for
Answer
years
c Compute the estimated percent used up of lululemons depreciable assets.
Note: Round percentage to one decimal place for example, enter for
Answer
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