Percent Used Up The property and equipment section of the lululemon athletica 2 0 1 8 balance
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Question:
Percent Used Up
The property and equipment section of the lululemon athletica balance sheet follows.
Property and Equipment in thousands Feb. Jan.
Land $ $
Buildings
Leasehold improvements
Furniture and fixtures
Computer hardware
Computer software
Equipment and vehicles
Work in progress
Property and equipment, gross
Accumulated depreciation
Property and equipment, net $ $
Depreciation expense related to property and equipment was $ million and $ million, for the years ended February and January respectively.
Your boss asks you to compare a competitor to lululemon. She asks you to compute the estimated percent used up of lululemons depreciable assets.
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