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The following are the balance sheet and consolidated statement of earnings of The Home Depot, Inc. THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS millions, except

The following are the balance sheet and consolidated statement of earnings of The Home Depot, Inc. THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS millions, except per share data February 3, 2019 January 28, 2018 January 29, 2017 Assets Current Assets: Cash and Cash Equivalents $ 1,245 $ 1,322 $ 1,479 Receivables, net 988 978 2,146 Merchandise Inventories 10,733 10,213 12,599 Other Current Assets 1,204 1,325 601 Total Current Assets 14,170 13,838 16,825 Net Property and Equipment 26,365 25,748 21,936 Goodwill 1,144 1,179 2,084 Other Assets 410 241 1,237 Total Assets $ 42,089 $ 41,006 42,082 Liabilities and stockholders equity Current Liabilities: Short-Term Debt $ 600 $ 390 $ 710 Accounts Payable 4,821 5,403 6,600 Accrued Salaries and Related Expenses 1,119 1,257 1,584 Sales Taxes Payable 324 349 508 Deferred Revenue 1,147 1,149 1,569 Income Taxes Payable 287 99 21 Current Installments of Long-Term Debt 1,757 1,012 392 Other Accrued Expenses 1,635 1,569 2,275 Total Current Liabilities 11,690 11,228 13,659 Long-Term Debt, excluding current installments 9,653 8,659 8,984 Deferred Income Taxes 366 310 316 Other Long-Term Liabilities 2,190 2,127 1,755 Total Liabilities 24,680 23,163 25,967 Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,680 at February 3, 2019, 1,700 shares at January 28, 2018 and 1,740 shares at January 29, 2017; outstanding: 1,324 shares at February 3, 2019 , 1,087 shares at January 28, 2018 and 1,196 shares at January 29, 2017 84 85 87 Paid-In Capital 6,047 6,291 5,896 Retained Earnings 42,941 57,957 24,960 Accumulated Other Comprehensive Loss (79 ) (357 ) (658 ) Treasury stock, at cost, 376 shares at February 3, 2019 , 593 shares at January 28, 2018 and 544 shares at January 29, 2017 (31,584 ) (46,847 ) (36,448 ) Total stockholders (deficit) equity 17,409 17,129 68,049 Total Liabilities and Stockholders Equity $ 42,089 $ 41,006 42,082 ________________________________________ THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF EARNINGS in millions, except per share data Fiscal 2018 Fiscal 2017 Fiscal 2016 Net sales $ 66,192 $ 71,292 $ 77,355 Cost of Sales 43,760 47,279 51,352 Gross profit 22,432 24,013 26,003 Operating Expenses: Selling, General and Administrative 15,895 17,826 17,042 Depreciation and Amortization 1,697 1,785 1,694 Impairment loss 237 Total Operating Expenses 17,829 19,611 18,736 Operating income 4,603 4,402 7,267 Interest and Other (Income) Expense: Interest and Investment Income (21 ) (21 ) (82 ) Interest Expense 674 612 695 Other 155 Interest and Other, net 808 591 613 Earnings before provision for income taxes 3,795 3,811 6,654 Provision for Income Taxes 1,352 1,272 2,392 Net earnings $ 2,443 $ 2,539 $ 4,262 Basic weighted average common shares 1,569 1,632 1,718 Basic earnings per share $ 1.56 $ 1.56 $ 2.48 Diluted weighted average common shares 1,581 1,640 1,579 Diluted earnings per share $ 1.55 $ 1.55 $ 2.70 ________________________________________ Fiscal 2018 includes 53 weeks. Fiscal 2017 and fiscal 2016 include 52 weeks. rev: 06_17_2020_QC_CS-216907, 02_28_2022_QC_CS-297138 Assume that you are the credit manager of a medium-size supplier of building materials and related products. Home Depot wants to make credit purchases from your company, with payment due in 60 days. Instructions: a-1. Compute the current ratio for the fiscal years ending February 3, 2019, and January 28, 2018. a-2. Compute the quick ratio for the fiscal years ending February 3, 2019, and January 28, 2018. a-3. Compute the amount of working capital for the fiscal years ending February 3, 2019, and January 28, 2018. a-4. Compute the change in working capital from the prior year for the fiscal years ending February 3, 2019, and January 28, 2018.

Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req A3 Req A4 Compute the current ratio for the fiscal years ending February 3, 2019, and January 28, 2018. (Round your answers to 2 decimal places.) Current Ratio February 3, 2019 to 1 January 28, 2018 to 1

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