financial accounting.financial accounting.

S3-1 Finding Financial Information LO 3-1 Refer to the financial statements of The Home Depot in Appendix A. (Note: Fiscal 2016 for The Home Depot runs from February 1, 2016, to January 29, 2017. As with many retail companies, The Home Depot labels the period "Fiscal 2016" even though it ends in the 2017 calendar year. The label "Fiscal 2016" is appropriate because Fiscal 2016 includes 11 months from the 2016 calendar year. The Home Depot explains its choice of fiscal period in Note 1 to its financial statements.) Required 1. How much did The Home Depot's sales revenue increase or decrease in the year ended January 29, 2017? Increased $6,076 (million) Increased $948 (million) Decreased $6,076 (million) Decreased $948 (million)