Question
Use Family Dollar company, use information you find in a companys Form 10-K from the year 2020. Locate the Property, Plant & Equipment (PP&E) line
Use Family Dollar company, use information you find in a companys Form 10-K from the year 2020.
Locate the Property, Plant & Equipment (PP&E) line item(s) in the Financial Statements; list the page number you find PP&E on AND the name of the financial statement where PP&E is found. Describe the account title/line item name(s) that this company uses for its PP&E (hint: it is usually not listed as Property, Plant & Equipment but some synonym or similar categories.) Also list the page number of the Form 10-K that contains the PP&E note(s) to the financial statements. This note will be found in the several pages immediately following the financial statements.
List the various PP&E asset types this company has.
What depreciation method(s) the company use.
Describe the disclosures that the company makes about the accounting for its PP&E.
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