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S1-1 (Static) Finding Financial Information (LO 1-1, LO 1-2, LO 1-3] Answer the following questions by referring to the financial statements of The Home Depot

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S1-1 (Static) Finding Financial Information (LO 1-1, LO 1-2, LO 1-3] Answer the following questions by referring to the financial statements of The Home Depot in Appendix A at the end of this book. (Note: Fiscal 2019 for The Home Depot runs from February 4, 2019, to February 2, 2020. As with many retail companies, The Home Depot labels the period "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 financial statements.) Required: 1. What amount of net income was reported (in millions) for the year ended February 2, 2020? $110,225 $15,843 $11,242 $11,121 2. What amount of sales revenue (in millions) was earned for the year ended February 2, 2020? O $110,225 $15,843 ces $11,242 $11,121 3. What was the cost (in millions) of the company's inventory on February 2, 2020? $2,133 $14,531 $13,925 $7,787 4. How much cash (in millions) does The Home Depot have on February 2, 2020? $2,133 $1,778 $3,595 $236 S1-1 (Static) Finding Financial Information (LO 1-1, LO 1-2, LO 1-3] Answer the following questions by referring to the financial statements of The Home Depot in Appendix A at the end of this book. (Note: Fiscal 2019 for The Home Depot runs from February 4, 2019, to February 2, 2020. As with many retail companies, The Home Depot labels the period "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 financial statements.) Required: 1. What amount of net income was reported (in millions) for the year ended February 2, 2020? $110,225 $15,843 $11,242 $11,121 2. What amount of sales revenue (in millions) was earned for the year ended February 2, 2020? O $110,225 $15,843 ces $11,242 $11,121 3. What was the cost (in millions) of the company's inventory on February 2, 2020? $2,133 $14,531 $13,925 $7,787 4. How much cash (in millions) does The Home Depot have on February 2, 2020? $2,133 $1,778 $3,595 $236

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