Refer to the financial statements of The Home Depot in Appendix A. (Note: Fiscal 2016 for The Home Depot runs fro February 1, 2016, to January 29, 2017 Required: 1. What amount of Net Sales does the company report during the year ended January 29, 2017? O $32,313 O $62.282 $7957 $94,595 2. Assuming that cost of Sales is the company's term for Cost of Goods Sol, compute the company's gross profit percentage for fiscal 2016 and the year immediately prior to that 34 2 and 34,2% 34.8% and 328% 2. Assuming that Cost of Sales is the company's term for Cost of Goods Sold, compute the company's gross profit percentage for fiscal 2016 and the year immediately prior to that 34.2% and 34.2% 34.8% and 32.8% 341 and 342 65.8% and 658 27 3. Assume that The Home Depot experienced no shrinkage in the most current year. Using the balance sheet and Income statement estimate the amount of purchases in the year ended Jonuary 29, 2017 $74,091 574821 $63022 562.282 12 DIGIT/2 MEMORY SOLAR AND BATTERY POWER Refer to the financial statements of The Home Depot in Appendix A. (Note: Fiscal 2016 for The Home Depot runs fro February 1, 2016, to January 29, 2017 Required: 1. What amount of Net Sales does the company report during the year ended January 29, 2017? O $32,313 O $62.282 $7957 $94,595 2. Assuming that cost of Sales is the company's term for Cost of Goods Sol, compute the company's gross profit percentage for fiscal 2016 and the year immediately prior to that 34 2 and 34,2% 34.8% and 328% 2. Assuming that Cost of Sales is the company's term for Cost of Goods Sold, compute the company's gross profit percentage for fiscal 2016 and the year immediately prior to that 34.2% and 34.2% 34.8% and 32.8% 341 and 342 65.8% and 658 27 3. Assume that The Home Depot experienced no shrinkage in the most current year. Using the balance sheet and Income statement estimate the amount of purchases in the year ended Jonuary 29, 2017 $74,091 574821 $63022 562.282 12 DIGIT/2 MEMORY SOLAR AND BATTERY POWER