1.

What amount of net income was reported (in millions) for the year ended January 30, 2011?

	$5,273
	$67,997
	$14,995
	$3,338

2.

What amount of sales revenue (in millions) was earned for the year ended January 30, 2011?

	$3,338
	$14,995
	$67,997
	$5,273

3.

What was the cost (in millions) of the companys inventory on January 30, 2011?

	$25,060
	$10,188
	$10,625
	$44,693

4.

How much cash (in millions) does The Home Depot have on January 30, 2011?

$878

$14,995

$1,421

$545

5.	On what dates did the companys fiscal year end in 2011 and 2010?

Current

Prior

	January 31, 2011 January 31, 2010
	January 30, 2011 February 1, 2010
	January 31, 2011 February 31, 2010
	January 30, 2011 January 31, 2010

6.

Which of the following are the amounts in the companys accounting equation (A = L + SE) for the year ended in January 2011?

	$25,060 = $10,122 + $14,938
	$40,125 = $21,236 + $18,889
	$67,997 = $64,659 + $3,338
	$40,877 = $21,484 + $19,393

7.

What is the companys current ratio at the end of the January 2011 reporting period?

	1.33
	1.64
	1.99
	0.75

8.

What does the companys current ratio in requirement 3 indicate?

	The current ratio does not indicate a companys ability to fulfill liabilities due in the next year.
	The company has nearly two dollars of current assets for every dollar of liabilities due in the next year.
	The company has between one and two dollars of current assets for every dollar of liabilities due in the next year.
	The company has less than one dollar of current assets for every dollar of liabilities due in the next year.

9.

How much did The Home Depots sales revenue increase or decrease in the year ended January 30, 2011?

	Decreased $401 (million)
	Increased $677 (million)
	Decreased $5,112 (million)
	Increased $1,821 (million)

10.

What is the largest expense on the income statement, and how much did it change from the previous year?

	Cost of Sales, which decreased $3,534 (million)
	Cost of Sales, which increased $929 (million)
	Selling, General and Administrative Expenses, which decreased $53 (million)
	Selling, General and Administrative Expenses, which increased $1,944 (million)

11.

Which of the following was The Home Depots net profit margin in the year ended January 30, 2011?

	4.9%
	4.0%
	7.8%
	34.3%