Peobliem 1 (20p) Appendax A contains the feancial stanements of Home Depot Inc. for fiscal year ended January 31, 2016 Forecast Home PY2016 income satement, balance sheet, and statement of cesh flows using the se requiremens outlined bekow. Use average historical fevenue growth tate 0,fee ast feveue (nound the nat to-est whole perce Assume no changs for goodwill interest and imestment income, innerest expense, sho-em debt, common seock and paid-in capital, and accumalated other eoepechensive loss * . Capital expenditures wene $1,503 million, and dividends wene $3,031 million for 2015 Forecast depreciation as a percentage of net PP&cE the stan of the year. Use the histotical FY2015 ended January, 2016) rate to fire casn FY2016. Assume that Income Tases Payable is 0 .Assume the company will eputrchase $4 billion of common stock in the coming year Estimate forecas assumptions for balance sheet and income seatement inems (other dhn the long em debt, provision for income ses, dividends, and the above-mentioned as umpen's percentage of revenues, ounded so 3 decimal places (for example, Merchandise invennoryet sales is 1334 or 13.3% Use die most recent rYendedJanuary, 2016)nd non average rams for the fonam Use cash and cash equivalents as plug shares in Milions, S in Mionsn. 31, 2016 Peb, 01, 201s Feb 02 2014 88,51983176 $ 78,812 54,787 Cost of Sales Gross Prode Operating Expenses Selling, General and Mdministrative 1,690 18,491 Toral Opersting Expense Operating Income Inserest and Other (Income) Expense Interest and Lnvestment Income Interest Expense Interest and Other, net Earnings befoee provision for income tases Peovision foe Income Tases 17,920 7,749 3,631 22161,723 Long Te 3 Peobliem 1 (20p) Appendax A contains the feancial stanements of Home Depot Inc. for fiscal year ended January 31, 2016 Forecast Home PY2016 income satement, balance sheet, and statement of cesh flows using the se requiremens outlined bekow. Use average historical fevenue growth tate 0,fee ast feveue (nound the nat to-est whole perce Assume no changs for goodwill interest and imestment income, innerest expense, sho-em debt, common seock and paid-in capital, and accumalated other eoepechensive loss * . Capital expenditures wene $1,503 million, and dividends wene $3,031 million for 2015 Forecast depreciation as a percentage of net PP&cE the stan of the year. Use the histotical FY2015 ended January, 2016) rate to fire casn FY2016. Assume that Income Tases Payable is 0 .Assume the company will eputrchase $4 billion of common stock in the coming year Estimate forecas assumptions for balance sheet and income seatement inems (other dhn the long em debt, provision for income ses, dividends, and the above-mentioned as umpen's percentage of revenues, ounded so 3 decimal places (for example, Merchandise invennoryet sales is 1334 or 13.3% Use die most recent rYendedJanuary, 2016)nd non average rams for the fonam Use cash and cash equivalents as plug shares in Milions, S in Mionsn. 31, 2016 Peb, 01, 201s Feb 02 2014 88,51983176 $ 78,812 54,787 Cost of Sales Gross Prode Operating Expenses Selling, General and Mdministrative 1,690 18,491 Toral Opersting Expense Operating Income Inserest and Other (Income) Expense Interest and Lnvestment Income Interest Expense Interest and Other, net Earnings befoee provision for income tases Peovision foe Income Tases 17,920 7,749 3,631 22161,723 Long Te 3