hey everyone this is accounting and you just have to look over this chart and answer the questions - please thank you so much

EXHIBIT A.1 The Home Depot's Summarized Balance Sheets THE HOME DEPOT Balance Sheets (in millions) January 29, 2017 January 31, 2016 February 1, 2015 February 2, 2014 February 3, 2013 Year Ended: (Fiscal 2016) (Fiscal 2015) (Fiscal 2014) (Fiscal 2013) (Fiscal 2012) Assets Current Assets Cash and Cash Equivalents $ 2,538 $ 2.216 $ 1,723 $ 1,929 $ 2,494 Accounts Receivable, Net 2.029 1,890 1,484 1,398 1,395 Inventories 12,549 11.809 11,079 11,057 10,710 Other Current Assets GOS 1,078 1,016 895 773 Total Current Assets 17,724 16.993 15,302 15.279 15,372 Property and Equipment, Net 21.914 22.191 22,720 23.348 24,069 Notes Receivable 140 Goodwill 2.093 2.102 1.353 1.289 1.170 Other Assets 1.235 1.263 571 602 333 Total Assets 42.966 $ 42,549 $ 39,946 $ 40,518 $ 41,084 Liabilities and Shareholders' Equity Current Liabilities $ 14,133 $ 12,526 $ 11,269 $ 10,749 $ 11,462 Long-Term Liabilities 24,500 23,707 19,355 17,247 11,845 Total Liabilities 38.633 36.233 30.624 27.996 23.307 Shareholders' Equity 4.333 6.316 9,322 12.522 17,777 Total Liabilities and 42.966 $ 42,549 $39,946 $ 40,518 $ 41,084 Shareholders' Equity EXHIBIT A.2 The Home Depot's Summarized Statements of Earnings THE HOME DEPOT Statements of Earnings (in millions) Year Ended: January 29, 2017 January 31, 2016 February 1, 2015 February 2, 2014 February 3, 2013 (Fiscal 2016) (Fiscal 2015) (Fiscal 2014) (Fiscal 2013) (Fiscal 2012) Net Sales Revenue $94,595 $ 88,519 $83,176 Cost of Sales $ 78,812 $ 74,754 62,282 58.254 54,787 51.897 48.912 Gross Profit 32,313 30.265 28,389 26.915 Operating and Other Expenses 25,842 18,886 18,491 17.920 17,749 18,076 Interest and Other Expense 753 493 699 545 Income Tax Expense 1,534 4,012 3,631 3.082 2.686 Net Income $ 7,957 $ 7,009 $ 6,345 $ 5,385 4,535S2-1 Finding and Analyzing Financial Information [LO1, LO4, LO5] Refer to the summarized financial statements of The Home Depot in Appendix A. Required: 1. What is the company's most recent fiscal year-end? The company's fiscal year end for the most recent year is 2. Use the company's balance sheet to determine the amounts in the accounting equation (A = L + SE). (Enter your answers in whole dollars, not in million.) Assets Liabilities + Shareholders' Equity = +3-a. What is the amount of the company's current liabilities on January 29, 2017? (Enter your answers in whole dollars, not in million.) Current liabilities 3-b. Are current assets sufficient to cover current liabilities? O Yes O No 4. Has financing for the company's investment in assets primarily come from liabilities or from shareholders' equity? O Liabilities O Shareholders' equity