Use the Target Corporation's Form 10-K to answer the following questions related to Target's 2015 fiscal year
Question:
Use the Target Corporation's Form 10-K to answer the following questions related to Target's 2015 fiscal year (year ended January 30, 2016). Target's Form 10-K is available on the company's website or through the SEC's EDGAR database. Appendix A provides instructions for using the EDGAR database.
a. What method of depreciation does Target use?
b. What types of intangible assets does Target have?
c. What are the estimated lives that Target uses for the various types of long-term assets?
d. As of January 30, 2016, what is the original cost of Target's Land; Buildings and improvements; and Fixtures and equipment?
e. What was Target's depreciation expense and amortization expense for 2015 (see the footnotes)?
Intangible AssetsAn intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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Survey of Accounting
ISBN: 978-1259631122
5th edition
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay