Use the financial statements of Home Depot, Inc., in Appendix A of this text to answer the following questions.
a. Study the income statements of Home Depot, Inc., for the three years ending on or about February 1, 2019, 2018, and 2017. Do these statements include any irregular items that might affect your use of the information to project future earnings?
b. Review the stockholders’ equity section of the company’s balance sheet at February 3, 2019 (fiscal yer 2018). What type of capital stock is in the capital structure, and how many shares are authorized, issued and outstanding, and held in treasury on that date?
c. Locate the statement of stockholders’ equity and comprehensive income. What treasury stock transactions has Home Depot engaged in during the three-year period presented? Has any additional stock (other than treasury stock) been issued during the periods reported? If so, what were the circumstances in which that stock was issued? What was the amount of Other Comprehensive Income or Loss each year?