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What is the revenue recognized from gift cards during fiscal year 2020 if the company collected $50 (millions) in fiscal year 2020 from new gift

What is the revenue recognized from gift cards during fiscal year 2020 if the company collected $50 (millions) in fiscal year 2020 from new gift card sales?

What is the gain/loss from disposal of property, plant and equipment in fiscal year 2020 if the sale price of the disposed assets is $200 (millions)?

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Accounts receivables Receivables consist primarily ofamounts due from vendors for various vendor funding programs, banks for customer credit card and debit card transactions and mobile plume network operators for device sales and commissions. We establish allowances for uncollectible receivables based primarily on historical collection trends. l[Slur allowances for uncollectible receivables were $2.4 million and $23 million at Feb : I, 2020, and Feb : 2., EDIE}, res - - ctivel . Merchandise inventories are recorded at the lower of cost or net realizable value. The weighted average method is used to determine the cost ofinventory which includes costs ofin-bound freight to move inventory into our distIibution centers. Also included in the cost of inventory are certain vendor allowances. Costs associated with storing and transporting merchandise inventories to our retail stores are expensed as incurred and included in cost of sales. Our inventory valuation also reects markdown adjustments for the excess ofdie cost over the net recovery we expect to realize from the ultimate disposition ofinventory and establishes a new cost basis. No adjustment is recorded for inventory that we are able to return to our vendors for ill credit Subsequent changes in facts or circumstances do not result in the reversal of previously recorded markdown adjustments or an increase in the newly established cost basis. Our inventory valuation reects adjustments for physical inventory losses [resulting from, for example. theft). Physical inventory is maintained through a combination of full location counts {typically once peryear} and more regular cycle counts. The adjustments for utventory impairments and physical inventory losses were negligible at - -ct:ivel Long-term debt consisted of the following {E in millions]: February 1, February 2... Hull 1M? 2021 Notes 513 553 2023 Notes SIII SDI] Interest rat: swap valuation adiushnents 39 25 Subtotal I ,239 LITE Debt discounts and imuauee costs {IE} {'1} Financing lease obligations {'1 - [El Capital lease obligations {11" . 39 Finance lease obligations "l 33 - Total long-term debt 1,271 1,333 Less current portion I4 56 Total long-term debt, lea current portion '3 1,25? 3 1,331 In See Note It], Loosen for additional information regarding our lease obligations. 2d}! Notes In March Bill I we issued $65!} million principal amotutt of notes due March Ii ZDZI [the \"Ell Notes"] The lll Notes bear 1nterest at a xed rate ofS 50%. Iperyear,pa payable semi-aruiually on March [5 and Se - We may redeem some or all of the 2021 Notes at any time at a redemption price equal to the greater of(i} [00% oftine principal amount, and {ii} the sum ofthe present values of'each remaining scheduled payment of principal and interest discounted to the redemption date on a semiannual basis, plus acch and unpaid interest on the principal amount to the redemption date as described in tile indenture {including the supplemental indenture] relating to the 21121 Notes. Furthermore, ifa change of control triggering event occurs, we will be required to offer to purchase the remaining unredeemed 2021 Notes at a price equal to ll'ir oftlleir principal amount, plus accrued and unpaid interest to the purchase date. The 2021 Notes are unsecured and unsubordinated obligations and rank equally with all of our other unsecured and unsuhordinated debt. The 2021 Notes contain covenants that, among other things, limit our ability to incur debt secured by liens or to enter into sale and lease-back transactions. 2MB Notes In September 21MB, we issued $501] million principal ammutt ol'nortes due I'Jctober l , 2023 [the \"2023 Notes\"). The 21123 Notes bear interest at a xed rate of 4.45% per year, payable semi- atutually on April I and l[.\"Ictoberl of each year, begiruting on April 1,21119. We may redeem some or all of the 21123 Notes at any time at a redemption price equal to the greater of} [00% oftine principal amount, and {ii} the sum ofthe present values of'each remaining scheduled payment of principal and interest discounted to the redemption date on a semiannual basis, plus acch and unpaid interest on the principal amount to the redemption date as described in tine indenture [including the supplemental indenture) relating to the 21123 Notes. Furthermore, ifa change of control triggering event occurs, we will be required to offer to purchase tine remaining tutredeemed 21123 Notes at a price equal to ll'lr oftlleir principal amount, plus accrued and unpaid interest to the purchase chte. The 2023 Notes are unsecured and unsubordinated obligations and rank equally with all of our other unsecured and unsubordinated debt. The 2023 Notes contain covenants that, among other things, limit our ability to incur debt secured by liens or to enter into sale and lease-back transactions

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