Target Corporation, a major U.S. retailer, reported the following amounts in the asset section of its balance

Question:

Target Corporation, a major U.S. retailer, reported the following amounts in the asset section of its balance sheets for the years ended January 31, 2009, and February 2, 2008:


Target Corporation, a major U.S. retailer, reported the followin


Real World Financials
In addition, the statement of cash flows for the year ended January 31, 2009, included the following items ($ in millions):

Target Corporation, a major U.S. retailer, reported the followin


Required:
What was the gain or loss Target recognized in the year ended January 31, 2009, from the sale of property andequipment?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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