3. a. How many shares did NVIDIA buy back during fiscal 2023?

b. What was the average price per share NVIDIA paid to buy back these shares?

c. How many shares did NVIDIA issue from stock plans during fiscal year 2023?

d. What was the average amount per share NVIDIA received from their employees on issuances from stock plans during fiscal year 2023?

e. How does the amount you calculated in part (d) compare with the average price NVIDIA paid to buy back their shares during fiscal year 2023?

4. What are the effects of NVIDIAs stock repurchases on total assets, return on shareholders equity, and leverage?

5. a. Did NVIDIA account for their share buybacks as Treasury Stock or as a retirement of shares? Explain.

b. What are the advantages and/or disadvantages of the alternative accounting methods for share buybacks identified in part 5a

Can you please explain one by one using formula?

NVIDIA CORPORATION AND SUBSIDIARIES CONSOI INATFR STATFMFNTS OF SHARFHOI RFRS' FOI IITY NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions, except par value) \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ ASSETS } & \multicolumn{2}{|c|}{\begin{tabular}{c} January \\ 2023 \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} January 30, \\ 2022 \end{tabular}} \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Current assets: } \\ \hline Cash and cash equivalents & $ & 3,389 & $ & 1,990 \\ \hline Marketable securities & & 9,907 & & 19,218 \\ \hline Accounts receivable, net & & 3,827 & & 4,650 \\ \hline Inventories & & 5,159 & & 2,605 \\ \hline Prepaid expenses and other current assets & & 791 & & 366 \\ \hline Total current assets & & 23,073 & & 28,829 \\ \hline Property and equipment, net & & 3,807 & & 2,778 \\ \hline Operating lease assets & & 1,038 & & 829 \\ \hline Goodwill & & 4,372 & & 4,349 \\ \hline Intangible assets, net & & 1,676 & & 2,339 \\ \hline Deferred income tax assets & & 3,396 & & 1,222 \\ \hline Other assets & & 3,820 & & 3,841 \\ \hline Total assets & $ & 41,182 & $ & 44,187 \\ \hline \multicolumn{5}{|l|}{ LIABILITIES AND SHAREHOLDERS' EQUITY } \\ \hline \multicolumn{5}{|l|}{ Current liabilities: } \\ \hline Accounts payable & $ & 1,193 & $ & 1,783 \\ \hline Accrued and other current liabilities & & 4,120 & & 2,552 \\ \hline Short-term debt & & 1,250 & & - \\ \hline Total current liabilities & & 6,563 & & 4,335 \\ \hline Long-term debt & & 9,703 & & 10,946 \\ \hline Long-term operating lease liabilities & & 902 & & 741 \\ \hline Other long-term liabilities & & 1,913 & & 1,553 \\ \hline Total liabilities & & 19,081 & & 17,575 \\ \hline \multicolumn{5}{|l|}{ Commitments and contingencies - see Note 13} \\ \hline \multicolumn{5}{|l|}{ Shareholders' equity: } \\ \hline Preferred stock, $0.001 par value; 2 shares authorized; none issued & & - & & \\ \hline \begin{tabular}{l} Common stock, $0.001 par value; 8,000 shares authorized; 2,466 shares issued and outstanding \\ as of January 29,2023;2,506 shares issued and outstanding as of January 30,2022 \end{tabular} & & 2 & & 3 \\ \hline Additional paid-in capital & & 11,971 & & 10,385 \\ \hline Accumulated other comprehensive loss & & (43) & & (11) \\ \hline Retained earnings & & 10,171 & & 16,235 \\ \hline Total shareholders' equity & & 22,101 & & 26,612 \\ \hline Total liabilities and shareholders' equity & $ & 41,182 & $ & 44,187 \\ \hline \end{tabular} NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME Iln millinne avant nar ehorn datal NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) See accompanying notes to the consolidated financial statements. (In millions) NVIDIA CORPORATION AND SUBSIDIARIES CONSOI INATFR STATFMFNTS OF SHARFHOI RFRS' FOI IITY NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions, except par value) \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ ASSETS } & \multicolumn{2}{|c|}{\begin{tabular}{c} January \\ 2023 \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} January 30, \\ 2022 \end{tabular}} \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Current assets: } \\ \hline Cash and cash equivalents & $ & 3,389 & $ & 1,990 \\ \hline Marketable securities & & 9,907 & & 19,218 \\ \hline Accounts receivable, net & & 3,827 & & 4,650 \\ \hline Inventories & & 5,159 & & 2,605 \\ \hline Prepaid expenses and other current assets & & 791 & & 366 \\ \hline Total current assets & & 23,073 & & 28,829 \\ \hline Property and equipment, net & & 3,807 & & 2,778 \\ \hline Operating lease assets & & 1,038 & & 829 \\ \hline Goodwill & & 4,372 & & 4,349 \\ \hline Intangible assets, net & & 1,676 & & 2,339 \\ \hline Deferred income tax assets & & 3,396 & & 1,222 \\ \hline Other assets & & 3,820 & & 3,841 \\ \hline Total assets & $ & 41,182 & $ & 44,187 \\ \hline \multicolumn{5}{|l|}{ LIABILITIES AND SHAREHOLDERS' EQUITY } \\ \hline \multicolumn{5}{|l|}{ Current liabilities: } \\ \hline Accounts payable & $ & 1,193 & $ & 1,783 \\ \hline Accrued and other current liabilities & & 4,120 & & 2,552 \\ \hline Short-term debt & & 1,250 & & - \\ \hline Total current liabilities & & 6,563 & & 4,335 \\ \hline Long-term debt & & 9,703 & & 10,946 \\ \hline Long-term operating lease liabilities & & 902 & & 741 \\ \hline Other long-term liabilities & & 1,913 & & 1,553 \\ \hline Total liabilities & & 19,081 & & 17,575 \\ \hline \multicolumn{5}{|l|}{ Commitments and contingencies - see Note 13} \\ \hline \multicolumn{5}{|l|}{ Shareholders' equity: } \\ \hline Preferred stock, $0.001 par value; 2 shares authorized; none issued & & - & & \\ \hline \begin{tabular}{l} Common stock, $0.001 par value; 8,000 shares authorized; 2,466 shares issued and outstanding \\ as of January 29,2023;2,506 shares issued and outstanding as of January 30,2022 \end{tabular} & & 2 & & 3 \\ \hline Additional paid-in capital & & 11,971 & & 10,385 \\ \hline Accumulated other comprehensive loss & & (43) & & (11) \\ \hline Retained earnings & & 10,171 & & 16,235 \\ \hline Total shareholders' equity & & 22,101 & & 26,612 \\ \hline Total liabilities and shareholders' equity & $ & 41,182 & $ & 44,187 \\ \hline \end{tabular} NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME Iln millinne avant nar ehorn datal NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) See accompanying notes to the consolidated financial statements. (In millions)