The following are the balance sheet and consolidated statement of earnings of The Home Depot, Incorporated:

THE HOME DEPOT, INCORPORATED

CONSOLIDATED BALANCE SHEETS

February $3,2019$ January $28,2018$ January $29,2017$

millions, except per share data

Assets

Current Assets:

Cash and Cash Equivalents $ $1,258$ $ $1,324$ $ $1,481$

Receivables, net $9929802,148$

Merchandise Inventories $10,74310,22312,609$

Other Current Assets $1,1961,325601$

Total Current Assets $14,18913,85216,839$

Net Property and Equipment $26,38425,69121,879$

Goodwill $1,1491,1752,080$

Other Assets $4062291,225$

Total Assets $ $42,128$ $ $40,94742,023$

Liabilities and stockholders$$ equity

Current Liabilities:

Short$-$Term Debt $ $560$ $ $360$ $ $910$

Accounts Payable $4,8085,4337,400$

Accrued Salaries and Related Expenses $1,1151,2491,484$

Sales Taxes Payable $333348608$

Deferred Revenue $1,1471,1411,469$

Income Taxes Payable $28510622$

Current Installments of Long$-$Term Debt $1,7641,018392$

Other Accrued Expenses $1,6421,5752,160$

Total Current Liabilities $11,65411,23014,445$

Long$-$Term Debt, excluding current installments $9,6618,6618,986$

Deferred Income Taxes $350311296$

Other Long$-$Term Liabilities $2,1902,1341,855$

Total Liabilities $24,65223,16626,755$

Common stock, par value $$0\mathrm{.}05$; authorized: $10,000$ shares; issued: $1,600$ at February $3,2019,1,620$ shares at January $28,2018$ and $1,660$ shares at January $29,2017$; outstanding: $1,235$ shares at February $3,2019,1,009$ shares at January $28,2018$ and $1,118$ shares at January $29,2017808183$

Paid$-$In Capital $6,0316,2975,902$

Retained Earnings $44,17056,54825,816$

Accumulated Other Comprehensive Loss $(80)(362)(663)$

Treasury stock, at cost$,385$ shares at February $3,2019,591$ shares at January $28,2018$ and $542$ shares at January $29,2017(32,725)(45,507)(36,314)$

Total stockholders$($deficit$)$ equity $17,47617,05768,778$

Total Liabilities and Stockholders$$ Equity $ $42,128$ $ $40,947$ $ $42,023$

THE HOME DEPOT, INCORPORATED

CONSOLIDATED STATEMENTS OF EARNINGS

Fiscal $2018$ Fiscal $2017$ Fiscal $2016$

in millions, except per share data

Net sales $ $66,178$ $ $71,288$ $ $77,362$

Cost of Sales $43,74747,27951,337$

Gross profit $22,43124,00926,025$

Operating Expenses:

Selling, General and Administrative $15,89117,83317,036$

Depreciation and Amortization $1,6971,7701,683$

Impairment loss $247$

Total Operating Expenses $17,83519,60318,719$

Operating income $4,5964,4067,306$

Interest and other $($income$)$ expense:

Interest and investment income $(24)(24)(91)$

Interest expense $674610692$

Other $153$

Interest and other, net $803586601$

Earnings before provision for income taxes $3,7933,8206,705$

Provision for Income Taxes $1,3611,2762,408$

Net earnings $ $2,432$ $ $2,544$ $ $4,297$

Basic weighted average common shares $1,5991,6621,748$

Basic earnings per share $ $1\mathrm{.}52$ $ $1\mathrm{.}53$ $ $2\mathrm{.}46$

Diluted weighted average common shares $1,6111,6701,609$

Diluted earnings per share $ $1\mathrm{.}51$ $ $1\mathrm{.}52$ $ $2\mathrm{.}67$

Fiscal $2018$ includes $53$ weeks. Fiscal $2017$ and fiscal $2016$ include $52$ weeks.

a$-1.$ Compute the percentage change relative to the previous year in net sales for the fiscal years ending February $3,2019,$ and January $28,2018.$

a$-2.$ Compute the percentage change in net earnings for the fiscal years ending February $3,2019,$ and January $28,2018.$

a$-3.$ Compute the gross profit rate for the fiscal years ending February $3,2019,$ and January $28,2018.$

a$-5.$ Compute the return on average total assets for the fiscal years ending February $3,2019,$ and January $28,2018.$