EXERCISE $2\mathrm{.}16$

Home Depot, Inc., Financial Statements

Locate the balance sheet, income statement, and statement of cash flows of Home Depot, Inc., in Appendix A of your text. Review those statements and then respond to the following for the year ended February $3,2019($fiscal year $2018).$

a$.$ Did the company have a net income or net loss for the year? How much?

b$.$ What were the cash balances at the beginning and end of the year? What were the most important causes of the cash increase during the year? $($Treat "cash equivalents" as if they were cash.$)$

c$.$ What are the two largest assets and two largest liabilities included in the company's balance sheet at the end of the year?

a$,$ b$,$ and c$,$please, thank you!