Question: Please help me with this question. 1 Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the

Please help me with this question.
Please help me with this question. 1 Target Corporation prepares its financial

1 Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018. are available here. This material is also available under the Investor Relations link at the company's website www.tarot.com of $1. PVOL 51. FVAL51. PVA O $1. EVAD of S1 and PVAD $.1) (Use appropriate factor(s) from the tables provided.) 10 Pro Required: In its Analysis of Financial Condition: New Accounting Pronouncements." Target's financial statements for the year ended February 3, 2018, the company indicates that In February 2016, the FASB issued ASU No. 2016 02, teases, to require organizations that lease assets to recognize the rights and obligations created by those teases on the balance sheet. The new standard is effective in 2019. Refer to Note 22: Leases. New lease accounting guidance requires companies to record a right-of-use asset and a lease liability for all leases, with the exception of short-term teases, at present value. Il Target had used the new lease accounting guidance in its fiscal 2017 February 3, 2018) financial statements, what would be the amount reported as a liability for its leases, operating and capital finance) combined ? (Do not round intermediate calculations. Enter your answers to nearest millions. Round final answer to the nearest whole value.) Hint Assume the payments after 2020 are to be paid evenly over a 16 year period and all payments are at the end of years Indicated. Target indicates elsewhere in its financial statements that 6% is an appropriate discount rate for its leases. Woont podedes alty for its combined milion 1 Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018. are available here. This material is also available under the Investor Relations link at the company's website www.tarot.com of $1. PVOL 51. FVAL51. PVA O $1. EVAD of S1 and PVAD $.1) (Use appropriate factor(s) from the tables provided.) 10 Pro Required: In its Analysis of Financial Condition: New Accounting Pronouncements." Target's financial statements for the year ended February 3, 2018, the company indicates that In February 2016, the FASB issued ASU No. 2016 02, teases, to require organizations that lease assets to recognize the rights and obligations created by those teases on the balance sheet. The new standard is effective in 2019. Refer to Note 22: Leases. New lease accounting guidance requires companies to record a right-of-use asset and a lease liability for all leases, with the exception of short-term teases, at present value. Il Target had used the new lease accounting guidance in its fiscal 2017 February 3, 2018) financial statements, what would be the amount reported as a liability for its leases, operating and capital finance) combined ? (Do not round intermediate calculations. Enter your answers to nearest millions. Round final answer to the nearest whole value.) Hint Assume the payments after 2020 are to be paid evenly over a 16 year period and all payments are at the end of years Indicated. Target indicates elsewhere in its financial statements that 6% is an appropriate discount rate for its leases. Woont podedes alty for its combined milion

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