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 $ $1,249$ $ $1,324$ $ $1,481$

Receivables, net $9799832,151$

Merchandise Inventories $10,68310,27812,664$

Other Current Assets $1,2031,322598$

Total Current Assets $14,11413,90716,894$

Net Property and Equipment $26,39225,63521,823$

Goodwill $1,1421,1882,093$

Other Assets $4162381,234$

Total Assets $ $42,064$ $ $40,96842,044$

Liabilities and stockholders$$ equity

Current Liabilities:

Short$-$Term Debt $ $550$ $ $370$ $ $610$

Accounts Payable $4,8155,4337,100$

Accrued Salaries and Related Expenses $1,1101,2511,384$

Sales Taxes Payable $334359508$

Deferred Revenue $1,1481,1521,669$

Income Taxes Payable $27010323$

Current Installments of Long$-$Term Debt $1,7471,013442$

Other Accrued Expenses $1,6351,5772,125$

Total Current Liabilities $11,60911,25813,861$

Long$-$Term Debt, excluding current installments $9,6648,6548,979$

Deferred Income Taxes $356316316$

Other Long$-$Term Liabilities $2,1922,1391,855$

Total Liabilities $24,61323,20326,364$

Common stock, par value $$0\mathrm{.}05$; authorized: $10,000$ shares; issued: $1,520$ at February $3,2019,1,540$ shares at January $28,2018$ and $1,580$ shares at January $29,2017$; outstanding: $1,159$ shares at February $3,2019,928$ shares at January $28,2018$ and $1,037$ shares at January $29,2017767779$

Paid$-$In Capital $6,0426,2975,902$

Retained Earnings $43,03957,80525,391$

Accumulated Other Comprehensive Loss $(83)(354)(655)$

Treasury stock, at cost$,381$ shares at February $3,2019,592$ shares at January $28,2018$ and $543$ shares at January $29,2017(31,623)(46,768)(36,381)$

Total stockholders$($deficit$)$ equity $17,45117,05768,408$

Total Liabilities and Stockholders$$ Equity $ $42,064$ $ $40,968$ $ $42,044$

THE HOME DEPOT, INCORPORATED

CONSOLIDATED STATEMENTS OF EARNINGS

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

in millions, except per share data

Net sales $ $66,190$ $ $71,306$ $ $77,356$

Cost of Sales $43,75047,29351,349$

Gross profit $22,44024,01326,007$

Operating Expenses:

Selling, General and Administrative $15,89617,82817,038$

Depreciation and Amortization $1,6951,7801,692$

Impairment loss $247$

Total Operating Expenses $17,83819,60818,730$

Operating income $4,6024,4057,277$

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

Interest and investment income $(28)(28)(89)$

Interest expense $673611686$

Other $148$

Interest and other, net $793583597$

Earnings before provision for income taxes $3,8093,8226,680$

Provision for Income Taxes $1,3541,2732,405$

Net earnings $ $2,455$ $ $2,549$ $ $4,275$

Basic weighted average common shares $1,5191,5821,668$

Basic earnings per share $ $1\mathrm{.}62$ $ $1\mathrm{.}61$ $ $2\mathrm{.}56$

Diluted weighted average common shares $1,5311,5901,529$

Diluted earnings per share $ $1\mathrm{.}60$ $ $1\mathrm{.}60$ $ $2\mathrm{.}80$

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 $28,2018.$