financial statements of The Home Depot in Appendix A. (Note: Fiscal 2019 for The Home Depot runs from February 4, 2019, to February 2, 2020. As with many retail companies, The Home Depot labels the period "Fiscal 2019" even though it ends in the 2020 calendar year. The label "Fiscal 2019" is appropriate because Fiscal 2019 includes 11 months from the 2019 calendar year. The Home Depot explains its choice of fiscal period in Note 1 to its financial statements.) Required: 1. As of February 2, 2020, how many shares of common stock were authorized? How many shares were issued? How many shares were held in treasury? O $0.05 authorized; 10,000 issued; 1.786 in treasury $0.05 authorized; 10,000 issued: 709 in. asury 10,000 million authorized; 1.786 million issued; 709 million in treasury O 10,000 million authorized; 1786 million issued: 1,077 million in treasury 2. According to the Retained Earnings section in the Statement of Stockholders' Equity, what was the total dollar amount of cash dividends declared during the year ended February 2, 2020? O $11,242 million O $5,958 million O $11,121 million $4,704 million 3. According to the income statement, how has The Home Depot's net earnings and basic eamings per share changed over the past three years? O Both net earnings and EPS increased. O Net earnings increased and EPS decreased. ONet earnings decreased and EPS increased. Both net earnings and EPS decreased. in millions, except per share data ASSETS Current assets: Cash and cash equivalents Receivables, net Merchandise inventories Other current assets Total current assets Net property and equipment Operating lease right-of-use assets Goodwill Other assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Short-term debi Accounts payable February 2, 2020 "Fiscal 2019" February 3, 2019 "Fiscal 2018" $ 2,133 2,106 $1.778 1.936 14,531 13,925 1,040 890 19,810 18,529 22,770 22,375 5.595 2.254 2,252 807 847 $51,236 $44.000 974 $1,339 7,787 7.755 Accrued salaries and related expenses 1.494 1.506 Sales taxes payable Deferred revenue 605 656 2.116 1,782 Income taxes payable 55 11 Current installments of long-term debt 1,8.39 1,056 Current operating lease liabilities Other accrued expenses 2.677 2611 Total current liabilities 18.375 16,716 Long-term debt, excluding current installracnts 28.670 26,807 Long-term operating lease liabilities 5,066 Deferred income taxes 706 1441 Other long-term liabilities 1,535 1867 54,352 45.881 Current installments of long-term debt Current operating lease liabilities Other accrued expenses Total current liabilities Long-term debt, excluding current installments - Long-term operating lease liabilities 1,839 1,056 828 2,677 2,611 18,375 16,716 28,670 26,807 5,066 Deferred income taxes 706 491 Other long-term liabilities 1,535 1867 Total liabilities 54,352 45,881 Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,786 shares at February 2, 2020 and 1,782 shares at February 3, 2019; outstanding: 1,077 shares at February 2, 2020 and 1.105 shares at February 3, 2019 89 89 Paid-in capital 11,001 10.578 Retained earnings 51,729 46,423 Accumulated other comprehensive loss (739) (772) Treasury stock, at cost. 709 shares at February 2, 2020 and 677 shares at February 3, 2019 (65,196) (58.196) Total stockholders' (deficit) equity (3,116) (1878) Total liabilities and stockholders' equity $51.236 $44.003 See accompanying mos consolidated financial statements in millions, except per share data NET SALES Cost of sales GROSS PROFIT Operating expense Selling, general and administrative Depreciation and amortization Impairment loss Total operating expenses OPERATING INCOME Interest and other (income) expense Interest and investment income Interest expense Other Interest and other, nd THE HOME DEPOT, INC. Consolidated Statements Of Eamings EARNINGS BEFORE PROVISION FOR INCOME TAXES Provision for income s NET EARNINGS Basic weighted average common shares BASIC EARNINGS PER SHARE Diluted weighted average commum hres DILUTED EARNINGS PER SHARE Fiscal 2019 and 2017 32 2033 Fiscal 2019 Fiscal 2018 Fiscal 2017 $100,904 $110,225 $108,203 72,653 71,043 66.548 37.572 37.160 34.356 19,740 19.313 17,364 1,989 1870 1,811 247 21,729 21630 19,675 15,843 15,330 14.681 (73) (93) (74) 1,201 1.051 1057 16 1,128 974 983 14,715 14556 BURK 3,473 5068 $ 11.242 8600 1093 $10.29 1.097 $10.25 1384 7.29 THE HOME DEPOT, INC. Consolidated Statements Of Comprehensive Income in millions Net earnings Other comprehensive income (loss) Foreign currency translation adjustments Cash flow hedges, net of tax Other Total other comprehensive income (loss) COMPREHENSIVE INCOME Fiscal 2019 Fiscal 2018 Fiscal 2017 $11,242 $11,1211 $8,630 53 (267) 311 8 53 (1) 3 (9) 64 (206) 301 $11,306 $10.915 $8.931 Fiscal 2019 and fiscal 2017 include 52 weeks Fiscal 2018 includes 53 works See accompanying note to consolidated financial statements THE HOME DEPOT, INC. Consolidated Statements Of Stockholders' Equity Fiscal 2019 :: 2018 89 104 (4) 46,423 * in millions Common Stock: Balance at beginning of year Shares issued under employee stock plans Balance at end of year Paid-in Capital Balance at beginning of year Shares issued under employee stock plans Stock-based compensation expense Balance at end of year Retained Earnings: Balance at beginning of year Culative effect of accounting changes Net eamings Cash dividends Other Balance at end of year Accumulated Other Comprehensive Income (Lo Balance at beginning of year Cumulative effect of accounting changes Fonign carry tramlation adjustments Cash flow holes, bet of tax Other Balance at and of year Treasury Mock Balace at begissing of year Repardnes Ccommon stock Halance at cod Tiaal stockoldon deficinaity (4.196) 110,000) 158.1961 H} SIL878) THE HOME DEPOT, INC. Comodated Statements Of Cash Flows in millions CASH FLOWS FROM OPERATING ACTIVITIES: Netings Reconciliation of set earnings to net cash provided by operating activities Depreciation and amortization Stockhuset compensation expe Impairment lo Changes in cevables.net Chunges in enchandae imemories Changes in other curren Changes in accounts payable and accrond expenses Changes in deemed n Changes in income tax payable Changes in deleted inco Chther operating achi No cash ponded by opening aceites CASH FLOWS FROM INVESTING ACTIVITIES: Capital expens squeal, pet Payments for Proceeds from sales of peppson Other insobing kite Fiscal 2019 Flical 2018 Fiscal 2017 $11,242 $11,121 2,296 2152 251 282 247 (170) 33 (1,244) (267) Net capatinig sib CASH FLOWS FROM FINANCING ACTIVITIES (Repy i posh In short-term det, s (M5) (220) o kans debt set of dijoors and jezolan 3420 Repayadong-bolte (M) 280