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Refer to the financial statements of The Home Depot for the 2013 fiscal year in Appendix A. (Note: The Home Depots 2013 fiscal year runs

Refer to the financial statements of The Home Depot for the 2013 fiscal year in Appendix A. (Note: The Home Depots 2013 fiscal year runs from February 4, 2013, to February 2, 2014.)

(http://lectures.mhhe.com/connect/0078025915/appendix_a.pdf)

Required:
1. What amount of net income was reported (in millions) for the year ended February 2, 2014?
$5,385
$27,390
$78,812
$23,180

2. What amount of sales revenue (in millions) was earned for the year ended February 2, 2014?
$27,390
$5,385
$78,812
$23,180

3. What was the cost (in millions) of the companys inventory on February 2, 2014?
$5,385
$1,929
$531
$11,057

4. How much cash (in millions) does The Home Depot have on February 2, 2014?
$11,057
$5,385
$1,929
$531

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