The fiscal years for several well-known companies are as follows:
|
Company |
Fiscal Year Ending |
|
Sears |
January 30 |
|
JCPenney |
January 30 |
|
Target Corp. |
January 30 |
|
Home Depot |
January 31 |
|
Tiffany & Co. |
January 31 |
|
Limited Brands, Inc. |
January 31 |
What general characteristic shared by these companies explains why they do not have fiscal years ending December 31?