Focus of this assignment is on the "MD&A", or Management's Discussion and Analysis of Financial Condition and Operations. Go to the Home Depot FY'19 Form 10-K. In the Table of Contents, click on "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations," which starts on page 21. Page 23, Sales. 1) By how much, in percentage terms, did the company's sales increase during FY19? 2) What was the "comparable sales" increase during FY'19? 3) What factors explain the increase in comparable sales? (Hint: more people coming into the stores and spending more money when they do so.) 4) What does the expression "comparable store sales mean? In addition to reading the company's convoluted explanation, I suggest you Google the term "comparable store sales." The Investopedia definition is pretty good. 5) What proportion of the company's net sales were online sales? What was the growth rate in online sales? Look at the data table on page 22. 6) What has Home Depot's average gross margin been over the past three years? (Gross margin is gross profit divided by net sales.) 7) What has Home Depot's average operating margin been over the past three years? (Operating margin is operating income divided by net sales.) 8) Have these margins been stable? 9) Look at the operating metrics under "Selected financial and sales data" on page 23. How do changes in those metrics factor into the growth in net sales? That is, what is the trend in those measures? Be specific and cite specific indicators