The Home Depot, Inc., financial statements appear in Appendix A at the end of this text. Use

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The Home Depot, Inc., financial statements appear in Appendix A at the end of this text. Use these statements to answer the following questions. 

a. What is the total dollar value of the company’s current assets for the most current year reported? Has that amount increased or decreased in the most current year? How is the change in current assets impacted by the change in cash and cash equivalents? 

b. Does the company report any investments in marketable securities? If so, how does it report unrealized gains and losses? 

c. Home Depot has several types of receivables which are combined which into a single receivables amount in the balance sheet. Which type of receivables comprises the largest portion of total receivables? 

The Home Depot, Inc.

THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS February 3, 2019 January 28, 2018 S<br>$ millions, except per share data AssetsCONSOLIDATED STATEMENTS OF EARNINGS Fiscal 2018 $ 108,203 71,043 37,160 Fiscal 2017 $ 100,904 66,548 34.356 Fiscal 2016 $ 94,CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Fiscal 2018 $ 11,121 Fiscal 2017 $ 8,630 Fiscal 2016 $ 7,957 in millions NetTHE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY Fiscal 2018 Fiscal 2017 Fiscal 2016 in millions Common STHE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS Fiscal 2018 Fiscal 2017 Fiscal 2016 $<br>11,121 $<br>8,630 $ 7,957 2,06213,698 6.45 3.960 22,075 THE HOME DEPOT, INC. SELECTED FINANCIAL DATA Fiscal Fiscal Fiscal Fiscal Fiscal amounts in millions,

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Financial And Managerial Accounting The Basis For Business Decisions

ISBN: 9781260247930

19th Edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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