Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Balance Sheet Horizontal Analysis Once you are done calculating the dollar and percent change, in the Percent Change column (Column E), highlight any accounts that

image text in transcribed

Balance Sheet Horizontal Analysis Once you are done calculating the dollar and percent change, in the Percent Change column (Column E), highlight any accounts that either increased or decreased by more than 25%

A B E E THE HOME DEPOT, INC. CONSOLIDATED BALLANCE SHEETS (io miblons) \begin{tabular}{rr|r|r|} January 30, Janeary 31, Dollar Pereent \\ \hline 2022 & 2021 & Change & Change \\ \hline \end{tabular} ASSETS Current assets: Cash and cash equivalenks Receluables, net Metchandise inventories Othet currenk assees Total current assets Net property and equipment. Operating lease right-of-use assets Goodwill Dther assets Total assets HABMLITIES STOCKHDLDERS ERUITY Current liabilities: Short-tetm debt Accounts pasable A.cerued salaries and related expenses Sales rates pajable Deferted rewense Income tawes payable Current instalments of long-term debt Current operating lease liabilities Other acceyed eapenses Total curreck liabilities Long-term debt, ewclusing curreck instalmenks Long-term operating lease Eabilities Deferred income tases Other long-tetm liabilities Total liabilities \begin{tabular}{rr|} \hline 2,013 & 1,007 \\ \hline 73.572 & 87,282 \\ \hline \end{tabular} Common stock, par value 50.05. authorieed 10.000 shares; issued: 1782 shares at January 30, 2022 and 1,789 shares at Jaruary 31, 20et outstanding 1,035 shaces at January 30.2022 and 1.077 shares a dacuary 31, 2021 Paid-in capital Retained earnings A.ceumulated othet eompretensive loss Treasury stock, at cost, 757 shares at January 30, 2022 and 712 shares a Jawdary 31. 2021 Total stookholders" (deficit) equity Total liabilities and stoekholdets" equity \begin{tabular}{ccc} \hline[80.794] & [65.793] \\ \hline & {[1695]} & 3,289 \\ \hline$ & 71876 & $0.581 \\ \hline \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Financial Accounting Information The Alternative to Debits and Credits

Authors: Gary A. Porter, Curtis L. Norton

7th Edition

978-0-538-4527, 0-538-45274-9, 978-1133161646

More Books

Students also viewed these Accounting questions

Question

Discuss the goals of financial management.

Answered: 1 week ago