Income Statement Vertical Analysis Once you are done calculating the Percent of Net Sales columns, in the Percent of Net Sales columns (Columns C & E), highlight the gross profit ratio and the profit margin ratio.

A B C D F THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF EARNINGS FOR THE FISCAL. YEAR ENDED (in milions) \begin{tabular}{cc|r|} \multicolumn{2}{c}{ Percent January 30, 2022 of Net Sales January 30, 2021 of Net Sales } \\ \hline$151,157 & $132,110 \\ \hline 100,325 & 87,257 \\ \hline 50,832 & 44,853 \\ \hline \end{tabular} 10 Operating expenses: 11 Selling, general and administrative 12 Depreciation and amortization 13 Total operating expenses 14 Operating income \begin{tabular}{r|r|} \hline 25,406 & 24,447 \\ \hline 2,386 & 2,128 \\ \hline 27,792 & 26,575 \\ \hline 23,040 & 18,278 \\ \hline \end{tabular} 15 Interest and other (income) expense: 16 Interest and investment income 17 Interest expense 18 Interest and other, net 19 Earnings before provision for income tawes 20 Provision for income taxes 21 Net eamings " HD - INC STMT HORIZ ANALYSIS HD - INC STMT VERT ANALYSIS HD - BAL SHEET HORIZ ANAI