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Please solve and show the work for this information below. Home Depot, Inc. Common Size Statement of Earnings 12 Months Ended in Millions $ Percentages
Please solve and show the work for this information below.
Home Depot, Inc. Common Size Statement of Earnings | 12 Months Ended in Millions $ | Percentages | ||||
Feb. 03, 2019 | Jan. 28, 2018 | Jan. 29, 2017 | Feb. 03, 2019 | Jan. 28, 2018 | Jan. 29, 2017 | |
Net Sales | $ 108,203 | $ 100,904 | $ 94,595 | |||
Cost of sales | 71,043 | 66,548 | 62,282 | |||
Gross profit | 37,160 | 34,356 | 32,313 | |||
Operating expenses: | ||||||
Selling, general and administrative | 19,513 | 17,864 | 17,132 | |||
Depreciation and amortization | 1,870 | 1,811 | 1,754 | |||
Impairment loss | 247 | 0 | 0 | |||
Total operating expenses | 21,630 | 19,675 | 18,886 | |||
Operating income | 15,530 | 14,681 | 13,427 | |||
Interest and other (income) expense: | ||||||
Interest and investment income | (93) | (74) | (36) | |||
Interest expense | 1,051 | 1,057 | 972 | |||
Other | 16 | 0 | 0 | |||
Interest and other, net | 974 | 983 | 936 | |||
Earnings before provision for income taxes | 14,556 | 13,698 | 12,491 | |||
Provision for income taxes | 3,435 | 5,068 | 4,534 | |||
Net earnings | $ 11,121 | $ 8,630 | $ 7,957 |
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