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The financial statements of large public companies are often accompanied by a multiple-year summary of key financial and other information that is helpful in understanding
The financial statements of large public companies are often accompanied by a multiple-year summary of key financial and other information that is helpful in understanding the company. Appendix A of this text includes the financial statements of Home Depot, Inc. and selected other information from the company's 2015 annual report. Included is a five-year Summary of Financial and Operating Results for 2011 to 2015. Locate this summary in Appendix A and respond to the following. a. Considering the 'store data section of the five-year summary, has Home Depot, Inc, increased its size during the five-year period? O Yes O No b. Which of the following is true about the five-year trend in net earnings as a percentage of sales? O The trend in the relationship of net earning to sales is consistently upward O The trend in the relationship of net earning to sales is consistently downward O The trend in the relationship of net earnings to sales is variable. c. Has the company's liquidity improved or diminished over the five-year period? O Diminished O Improved Prev - 5 or 20. The financial statements of large public companies are often accompanied by a multiple-year summary of key financial and other information that is helpful in understanding the company. Appendix A of this text includes the financial statements of Home Depot, Inc. and selected other information from the company's 2015 annual report. Included is a five-year Summary of Financial and Operating Results for 2011 to 2015. Locate this summary in Appendix A and respond to the following. a. Considering the 'store data section of the five-year summary, has Home Depot, Inc, increased its size during the five-year period? O Yes O No b. Which of the following is true about the five-year trend in net earnings as a percentage of sales? O The trend in the relationship of net earning to sales is consistently upward O The trend in the relationship of net earning to sales is consistently downward O The trend in the relationship of net earnings to sales is variable. c. Has the company's liquidity improved or diminished over the five-year period? O Diminished O Improved Prev - 5 or 20
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