If material, separate categories of property and equipment should be disclosed in the notes to the financial statements. What category of Dollar General’s property and equipment is the largest at the end of fiscal year 2020 (ending 1/29/2021)?

Respuesta :

Based on the financial statements of Dollar General, the largest category of property and equipment is Furniture, fixtures and equipment.

What is the largest category for property and equipment?

The financial statements are not given for the year 2020 but based on the financial statements for fiscal year 2019, Furniture, fixtures and equipment have the largest balance of the Property and Equipment assets.

Out of the total net property and equipment, Furniture, fixtures and equipment account for a pre-depreciation balance of $3,298,594,000 which makes it the largest category.

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