I need help for the Comprehensive problem 4 of Chapter 14. I need the 18th edition one and I have only found the 17th edition one which changes. Thank you

Home Depot, Inc. ANALYSIS OF THE FINANCIAL STATEMENTS OF A PUBLIC OWNED CORPORATION This Comprehensive Problem is to acquaint you with the content of the 2015 financial ments of Home Depot, Inc, reproduced in Appendix A of this textbook. (The 205a state statements are for the fiscal year ended January 31, 2016.) The problem contains t parts, which are independent of one another: Part I is designed to familiarize general contents of a company's financial statements; Part II involves anal pany's liquidity; and Part Ill analyzes the trend in its profitability financial three major you with the ember should be prepared to ifyou work this problem as a group assignment, each group m discuss the group's findings and conclusions in class. A good starting point for understanding the financial statements of a company such as Home Depot, Inc., is to understand the accounting policies used in preparing those state. ments. The first note accompanying the financial statements provides a brief description of the major accounting policies the company used. Most of the areas discussed in this note have been covered in this text. Part I Annual reports include not only comparative financial statements but also other sources of information, such as: A multiyear summary of financial highlights, a summary of key statistics for the past 5 or 10 years Several pages of Notes that accompany the financial statements. . Reports by management and by the independent auditors in which they express their respective responsibilities for the financial statements. Instructions Answer each of the following qu sections of the annual report you located the information used in your answer. a. How many years are covered in each of the primary comparative financial statements? estions and explain where in the statements, notes, or other Were all of these statements audited? Name the auditors. What were the auditors' conclusions con cerning these statements? b. Home Depot, Inc.,.combines its statement of retained earnings with another financial state- ment. Where are details about changes in the amount of retained earnings found? Over the three years presented, have the company's annual net cash flows been positive or negative from (1) operating activities, (2) investing activities, and (3) financing activites Has the company's cash balance increased or decreased during each of these three years c. PartII Assume that you are the credit manager of a medium-size supplier of building mate- rials and related products, Home Depot wants to make credit purchases from your company. with payment due in 60 days. Instructions As general background, read the first note to the financial statements, "Summary of Signit , Accounting Policies." Next, compute the following for the fiscal years ending January 2016, and February 1, 2015 (round percentages to the nearest tenth of 1 percent, and computations to one decimal place). 1. Current ratio. a. 2. Quick ratio. 3. Amount of working capital. 4 Percentage change in working capital from the prior year 5. Percentage change in cash and cash equivalents from the prior basis of your analysis in part a, does the company's liquidity appear to have increased b. On the or decreased during the most recent fiscal year? Explain. Other than the ability of Home Depot to pay for its purchases, do you see any major consider- ations that should enter into your company's decision? Explain. Your company as credit rating C. signs each customer one of the four credit ratings listed below. Assign a to Home Depot, Inc., and write a memorandum explaining your decision. (In memorandum, you may refer to any of your computations or observations in parts a d. through c, and to any information contained in the annual report.) POSSIBLE CREDIT RATINGS A. Outstanding Little or no risk of inability to pay. For customers in this category, we fill any reasonable order without imposing a credit limit. The customer's credit is reevaluated annually Good Customer has good debt-paying ability but is assigned a credit limit that is reviewed every 90 days. Orders above the credit limit are accepted only on a cash basis. B. C. Marginal Customer appears sound, but credit should be extended only on a 30-day basis and with a relatively low credit limit. Creditworthiness and credit limit are reevaluated every 90 days D. Unacceptable Customer does not qualify for credit. Part llI As general background, study the "Five-Year Summary of Financial and Operating Results." Instructions a. Compute the following for the fiscal years ending January 31, 2016, and February 1, 2015 round percentages to the nearest tenth of 1 percent) 1. Percentage change in net sales (relative to the prior year). 2. Percentage change in net earnings. 3. Gross profit rate. 4. Net income as a percentage of sales. 5. Return on average total assets. 6. Return on average total equity ement that describes your conclusion(s) concerning trends in Home Depot's prof- y during the period covered in your analysis in part a above. Justify your conclusion9). itabi Home Depot, Inc. ANALYSIS OF THE FINANCIAL STATEMENTS OF A PUBLIC OWNED CORPORATION This Comprehensive Problem is to acquaint you with the content of the 2015 financial ments of Home Depot, Inc, reproduced in Appendix A of this textbook. (The 205a state statements are for the fiscal year ended January 31, 2016.) The problem contains t parts, which are independent of one another: Part I is designed to familiarize general contents of a company's financial statements; Part II involves anal pany's liquidity; and Part Ill analyzes the trend in its profitability financial three major you with the ember should be prepared to ifyou work this problem as a group assignment, each group m discuss the group's findings and conclusions in class. A good starting point for understanding the financial statements of a company such as Home Depot, Inc., is to understand the accounting policies used in preparing those state. ments. The first note accompanying the financial statements provides a brief description of the major accounting policies the company used. Most of the areas discussed in this note have been covered in this text. Part I Annual reports include not only comparative financial statements but also other sources of information, such as: A multiyear summary of financial highlights, a summary of key statistics for the past 5 or 10 years Several pages of Notes that accompany the financial statements. . Reports by management and by the independent auditors in which they express their respective responsibilities for the financial statements. Instructions Answer each of the following qu sections of the annual report you located the information used in your answer. a. How many years are covered in each of the primary comparative financial statements? estions and explain where in the statements, notes, or other Were all of these statements audited? Name the auditors. What were the auditors' conclusions con cerning these statements? b. Home Depot, Inc.,.combines its statement of retained earnings with another financial state- ment. Where are details about changes in the amount of retained earnings found? Over the three years presented, have the company's annual net cash flows been positive or negative from (1) operating activities, (2) investing activities, and (3) financing activites Has the company's cash balance increased or decreased during each of these three years c. PartII Assume that you are the credit manager of a medium-size supplier of building mate- rials and related products, Home Depot wants to make credit purchases from your company. with payment due in 60 days. Instructions As general background, read the first note to the financial statements, "Summary of Signit , Accounting Policies." Next, compute the following for the fiscal years ending January 2016, and February 1, 2015 (round percentages to the nearest tenth of 1 percent, and computations to one decimal place). 1. Current ratio. a. 2. Quick ratio. 3. Amount of working capital. 4 Percentage change in working capital from the prior year 5. Percentage change in cash and cash equivalents from the prior basis of your analysis in part a, does the company's liquidity appear to have increased b. On the or decreased during the most recent fiscal year? Explain. Other than the ability of Home Depot to pay for its purchases, do you see any major consider- ations that should enter into your company's decision? Explain. Your company as credit rating C. signs each customer one of the four credit ratings listed below. Assign a to Home Depot, Inc., and write a memorandum explaining your decision. (In memorandum, you may refer to any of your computations or observations in parts a d. through c, and to any information contained in the annual report.) POSSIBLE CREDIT RATINGS A. Outstanding Little or no risk of inability to pay. For customers in this category, we fill any reasonable order without imposing a credit limit. The customer's credit is reevaluated annually Good Customer has good debt-paying ability but is assigned a credit limit that is reviewed every 90 days. Orders above the credit limit are accepted only on a cash basis. B. C. Marginal Customer appears sound, but credit should be extended only on a 30-day basis and with a relatively low credit limit. Creditworthiness and credit limit are reevaluated every 90 days D. Unacceptable Customer does not qualify for credit. Part llI As general background, study the "Five-Year Summary of Financial and Operating Results." Instructions a. Compute the following for the fiscal years ending January 31, 2016, and February 1, 2015 round percentages to the nearest tenth of 1 percent) 1. Percentage change in net sales (relative to the prior year). 2. Percentage change in net earnings. 3. Gross profit rate. 4. Net income as a percentage of sales. 5. Return on average total assets. 6. Return on average total equity ement that describes your conclusion(s) concerning trends in Home Depot's prof- y during the period covered in your analysis in part a above. Justify your conclusion9). itabi