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What portion of total assets does your companys property, plant, and equipment make up? (Hint: the total of Net PPE divided by total assets). Make

  1. What portion of total assets does your companys property, plant, and equipment make up? (Hint: the total of Net PPE divided by total assets). Make sure you show the calculation and take your time to pull the correct numbers from the balance sheet or the note.
  2. What method does your company use to compute depreciation?
  3. How much depreciation expense was reported for the year? Where did you get this amount? Caution: I do not want accumulated depreciation
  4. What is the net book value of all your companys PP&E? Show your calculation.
  5. What is the fixed asset turnover ratio for your company? Use the following calculation.Fixed Asset Turnover = Total Revenues / Average Net Fixed AssetsAverage Fixed Assets = (Beginning Year Net FA + End of Year Net FA) / Show your numbers and label the amounts
  6. . Is the ratio good or bad? Explain.

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Consolidated Balance Sheets - USD (S) S in Millions Jan. 28, 2017 Jan. 30, 2016 Current assets of discontinued operations Intangible assets, net of accumulated Noncurrent assets of discontinued 1.706 1.685 1.023 Current liabilities of discontinued 3,265 Noncurrent liabilities of discontinued Preferred stock, S.01 par value, 5,000,000 shares authorized; no shares issued Common stock, S.0008 par value, 2,100,000,000 shares authorized: issued and outstanding 953,711,270 and 852,470,081 shares at January 28, 2017 and 948,964,792 and 645,723,803 shares Less: Treasury stock at cost, 301,241, 189 shares at January 28, 2017 and January 5 10.172 Conaolldated Statementa of Income 12 Months Ended USD () $ In Millions Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 Sales $ 18,247 18,764 19,684 14,846 Cost of goods sald and occupancy costs Groes profit 13,489 13,857 Operating expensee: Seling, general and administrative Merger termination fee Restructuring charges Total operating expenses Operating (loes) income Other Income (expense) 3,845 3,993 38 (81) nterest expense Lass on early extinguishment of debt Other incame (expense), ne Loss) income from continuing aperations before incame taxes 584 253 ncome tax expense income fram continuing aperations Dlecontnued operations Total pretax loss) income of discorinued operatiane Loss) income from discontinued operations, net of income taxes 1,045) (1.038) S (1.497) 75 1t0 35 0.19 0.21 Basic Earnings per ahare Continuing aperations Discantinued aperations Consolidated operatians Dlluted Earninge per Share: Continuing aperations Discantinued aperations Consolidated S(0.71) 0.71 0.12) 0.71) 1.60) 2310 0.48 .12) 0.48 0.48 Continuing Operations [Member] Operating expensee: Impairment af goodwill and lang-lived assets, cantinuing operations Amortization of intangible assets continuing operatons Loss) gain on sale of businesses and assets, net Continuing Operatians Dlecontinued Operationa [Memb Discontinued operations: Pretax (loss) income of discontinued peratiane Lass recogrized an dlassification as held S 783 S 469 54 48 [/ 75 Lass on sale Total pretax (loss) income of discon nued 1.045) 75 Income tax (benefit) expense Loss) income from discontinued (1,1): 3) Dlecontinued Operatione [Member] European Operations [Member Dlscontnued operations Lass recogrized an dassification as held S 231

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