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Note 1 - Summary of Significant Accounting Policies: Store Opening and Closing Costs (Policies)
12 Months Ended
Jul. 27, 2013
Policies  
Store Opening and Closing Costs

 

Store opening and closing costs

 

All store opening costs are expensed as incurred. The Company records a liability for the future minimum lease payments and related costs for closed stores from the date of closure to the end of the remaining lease term, net of estimated cost recoveries that may be achieved through subletting, discounted using a risk-adjusted interest rate.