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Home Depot, Inc. Common Size Statement of Earnings Jan. 28, 2018 Jan 29, 2017 Jan, 31,2016 $ 100,904$ 94,595 $88,51 Net sales Cost of sales
Home Depot, Inc. Common Size Statement of Earnings Jan. 28, 2018 Jan 29, 2017 Jan, 31,2016 $ 100,904$ 94,595 $88,51 Net sales Cost of sales Gross proft 66,54B 17,864 4,68 62 282 30 265 Selling, general and administrative Depreciation and amortization 17,132 16,801 Operating income Interest and other Oncome) expense: nterest and investment income Interest experse nterest and other, net Earnings before provision for income taxes Provision for income taxes Net earnings 36 972 166 963 13,698 491 1,021 7 a. Review the vertical analyses and give any major diferences over the three years. Do any petterns emerge? You should be focusing on specific accounts and not subtotals or totals b. What are the company's 2 largest major expenses for the current year? C. Discuss the fluctuations in interest expense and income taxes What are the cause of these changes? d. Was the company more or less profitable when compared to the prior year? what caused the change in income from the prior year
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