1. What is the amount of Accumulated Depreciation and Amortization at January 29, 2017? What percentage is this of the total cost of property and equipment?

a. $18,512; 45.8%

b. $21,914; 54.2%

c. $21,914; 51.0%

d. $1,754; 22.0%

2. What amount of Depreciation and Amortization Expense was reported for the year ended January 29, 2017? What percentage of net sales is it?

a. $18,512; 45.8%

b. $1,754; 9.3%

c. $1,754; 1.9%

d. $1,754; 22.0%

3. What is the fixed asset turnover ratio for the year ended January 29, 2017?

a. 2.37

b. 4.17

c. 4.29

d. 4.32

Refer to the financial statements of The Home Depot in Appendix A at the end of this book. (Note: Fiscal 2016 for The Home Depot runs from February 1, 2016, to January 29, 2017.)