EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). All publicly traded domestic companies use EDGAR to make the majority of their filings. (Some foreign companies file voluntarily.) Form 10-K, which includes the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet.

Required:

1. Access EDGAR on the Internet. The web address is www.sec.gov.

2. Search for Home Depot, Inc. Access the 2015-03-26, 10-K filing. Follow the illustrated instructions below to find the 10-K.

Copy or type the following URL in a browser www.sec.gov

Select the filing date 2015-03-26 and select the interactive data button. You will not download the report. You will use the report to respond to the 4 questions in part 3 below. Use complete sentences when appropriate. Go to page 3.

3. Answer the following questions related to the companys property, plant, and equipment (c. is not required):

a. Name the different types of assets the company lists in its balance sheet under property, plant, and equipment. Click on the line item Net Property and Equipment and a definition will appear. You may copy and paste the definition below:

b. How much cash was used for the acquisition of property, plant, and equipment during the year?

c. Not required

d. Compute the fixed-asset turnover ratio for the fiscal year. You must show your calculations below.

Fixed-asset turnover ratio = Net sales Average PP&E

($ in millions)

= $ = 3.61 The ratio is given. Use this as a check figure.

$ *

Do this first * Average PP&E for 2015 = ($ + ) 2 = $