The following excerpt was taken from The Home Depot, Inc., 2018 Annual Report (for the fiscal year ended February 3, 2019):

Analyze:
1. What percentage of total assets is made up of cash and cash equivalents at February 3, 2019?
2. Cash receipt and cash payment transactions affect the total value of a company’s assets. By what amount did the category “Cash and cash equivalents” change from January 28, 2018, to February 3, 2019?
3. If accountants at The Home Depot, Inc., failed to record cash receipts of $150,000 on February 3, 2019, what impact would this error have on the balance sheet category “Cash and cash equivalents”?

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Millions except for numbers of shares and per-share data ASSETS Current Assets: Cash and cash equivalents* The Home Depot, Inc. Consolidated Balance Sheets Total assets *Cash and Cash Equivalents: All highly liquid investments purchased with original maturities of three months or less are considered to be cash equivalents. As of February 3, 2019 $ 1,778 $44,003 January 28, 2018 $3,595 $44,529