Question 3 Login to the Edgar.sec website to find the annual report of Dollar Tree Inc...

 

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Question 3 Login to the Edgar.sec website to find the annual report of Dollar Tree Inc for the year ended January 29, 2022, to answer the questions a. to c. The relevant extract from the financial statements must be used to support your answers. (16 marks) a. Identify the amount of segmental revenue and operating income for each relevant segment for the year. b. What is a profit centre? Is the operating segment a profit centre? Explain what is(are) excluded from the segmental operating income identified in segmental operating income in a. above. c. Explain the quality of understandability of accounting information with the help of your answers in a. & b. above or that of the annual report. d. What is the fair value measurement principle and demonstrate the necessary condition (as illustrated by an asset item) that make fair value measurement more objective? Include a word count and your answer should not exceed 120 words. Question 3 Login to the Edgar.sec website to find the annual report of Dollar Tree Inc for the year ended January 29, 2022, to answer the questions a. to c. The relevant extract from the financial statements must be used to support your answers. (16 marks) a. Identify the amount of segmental revenue and operating income for each relevant segment for the year. b. What is a profit centre? Is the operating segment a profit centre? Explain what is(are) excluded from the segmental operating income identified in segmental operating income in a. above. c. Explain the quality of understandability of accounting information with the help of your answers in a. & b. above or that of the annual report. d. What is the fair value measurement principle and demonstrate the necessary condition (as illustrated by an asset item) that make fair value measurement more objective? Include a word count and your answer should not exceed 120 words.