Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Home Depot Annual Report.pdf Page 50 of 92 Table of Contents in millions, except per share data Net sales Cost of sales THE HOME

image

Home Depot Annual Report.pdf Page 50 of 92 Table of Contents in millions, except per share data Net sales Cost of sales THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF EARNINGS Gross profit Operating expenses: 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, net Earnings before provision for income taxes Provision for income taxes Net earnings Basic weighted average common shares Basic earnings per share Diluted weighted average common shares Diluted eamings per share 0 Fiscal 2020 and fiscal 2019 include 52 weeks. Fiscal 2018 includes 53 weeks. See accompanying notes to consolidated financial statements. $ $ $ $ Fiscal 2020 132,110 $ 87,257 44,853 24,447 2,128 26,575 18.278 (47) 1,347 1,300 16,978 4,112 12,866 $ 1,074 11.98 $ 1,078 11.94 $ Fiscal 2019 110,225 $ 72,653 37,572 19,740 1,989 21,729 15,843 (73) 1,201 1,128 14,715 3,473 11,242 $ 1,093 10.29 S 1,097 10.25 $ Fiscal 2018 108,203 71,043 37,160 19,513 1,870 247 21,630 15,530 (93) 1,051 16 974 14,556 3,435 11,121 1,137 9.78 1,143 9.73 ent 1 ick ion fiu.instructure.com/courses/130269/qui Question 8 FYE 2/2/20 Ratio Analysis Based on the financial statements of Home Depot for the fiscal year that ended January 31, 2021, calculate the following ratios for the last two fiscal years and indicate whether they are getting better or worse: 4) Days Sales Outstanding (Days) FYE 1/31/21 Better/Worse Log In | Course Hero Please use two decimal points for your final answers. 6 pts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate the Days Sales Outstanding DSO ratio for Home Depot for the fiscal years ending January ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial And Managerial Accounting The Basis For Business Decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

19th Edition

1260247937, 978-1260247930

More Books

Students also viewed these Finance questions