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also please answer a and b 3 Exercise 5.15 (Static) Examining Home Depot, Inc., Financial Statements (L05-3, LO5-6) The Home Depot, Inc., financial statements appear
also please answer a and b 3 Exercise 5.15 (Static) Examining Home Depot, Inc., Financial Statements (L05-3, LO5-6) The Home Depot, Inc., financial statements appear in Appendix A a. Identify from where you can tell that the company uses straight-line depreciation b. Which of the given statements is true regarding the company's revenue recognition policy? c. Using Information from the consolidated financial statements, calculate the following for the year ended February 3, 2019. a) Net Income. b) Gross profit as a % of sales, c) Current ratio and d) Net cash flows from operating activities. Also calculate the current ratio for the year ended January 28, 2018 Boo Complete this question by entering your answers in the tabs below. References Required A Required Required Using information from the consolidated financial statements, calculate the following for the year ended February 3, 2019: a) Net Income. b) Gross profit as a % of sales, c) Current ratio and d) Net cash flows from operating activities. Also calculate the current ratio for the year ended January 28, 2018. (Enter dollar amounts in millions, Round ratios to 2 decimal places and percentage answer to the nearest whole number i.e. 1234 should be entered as 12.) million % Net income Gross profit as a percentage of sales Current moat February 3, 2010 Current ratio at January 28, 2018 et cash flows from operating activities mon
also please answer a and b
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