Business Applications Case Understanding real-world annual reports
Required
Use the Target Corporation’s annual report in Appendix B to answer the following questions.
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, 2010, what is the original cost of Target’s: Land; Buildings and improvements; and Fixtures and equipment (see the footnotes)?
e. What was Target’s depreciation expense and amortization expense for 2009 (see the footnotes)?
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