Refer to the financlal statements of The Home Depot in Appendix A. (Note: Fiscal 2019 for The Home Depot runs from February 4. 2019. to February 2. 2020. As with many retall companles. The Home Depot labels the perlod "Fiscal 2019" even though it ends in the 2020 calendar year. The label "Fiscal 2019" is appropriate because Fiscal 2019 includes 11 months from the 2019 calendar year. The Home Depot explains its choice of fiscal period in Note 1 to its financlal statements.) 1. How much inventory does the company hold on February 2.2020? Does this represent an increase or decrease in comparison to the prior year? \$14.531 (in millions), which is an increase $13,925 (in militons), which is a decrease $13.925 (in milions), which is an increase $14.531 (in millions), which is a decrease 2. What method(s) does the company use to determine the cost of its inventory? Where is this information reported? Specific Identfication: Management's Discussion and Analys15 Weighted average cost, the Balance Sneet LIFO: Note 1 FIFO: Note 1 3. Compute to one decimal place the company's inventory turnover ratio and days to sell for the year ended February 2. 2020. (Use 365 days in a year.) 7.8 and 46.8 5.1 and 71.6 7.5 and 487 5.0 and 73.0 THE HOME DEPOT, IMC. Consolidsted Statements of Eamings FHE HOMEDEPOT.INC. Consolidated Statements of Comprehensive Income APPENDIX A Excerjts frum the Fiscal 2019 10-K Annual Report of The Home Depot, Inc TME OME DEPOT, mC