The project description provides a general plan; deviations may be necessary. The project is to be based exclusively on information contained in the most recent Form 10-K for The Home Depot, for the fiscal year ended January 30, 2022. The project is worth 100 points and comprised of three parts. Each part of the project must be delivered no later than 11:59 pm on the date specified for the part. No exception will be made i this rule. Late assignments will be given no credit at all. With appropriate and sufficient effort and attention to detail, you should earn all 100 points on this project. Failure to meet the project requirements detailed in this document will result in deduction of points when determining your score FORM 10-K PROJECT DESCRIPTION Flex MBA 8025 (Financial Statement Analysis) Summer Semester 2022 The format (maccurate format(s) will result in the forfeiture of the points for the particular assignment) of materials submitted must be as follows For each part, attach a cover page identifying (1) the Part number, (2) your name, and (3) the firm name Page numbers on all pages in lower-right comer Font size of 11 Font of Times New Roman . . mine for ton bottom left and right T 1295 100% . Paragraph Font of Times New Roman One-inch margins for top, bottom, left and right 1.5 line spacing for narrative content Include the question and answer (NOT just the answer) for each question. The electronic version of this description can be found at the iCollege course site under the 10-K Project content folder. Simply download the file and include your answers. Styles Your project will be based on one firm (The Home Depot, Inc.) that files Form 10-K with the Securities and Exchange Commission. Provide via email and in the appropriate format, the following information addressing the most recent Form 10-K for The Home Depot, Inc. This part is limited to no more than four pages double spaced or two pages single spaced (be concise) and should be mostly based on any applicable information you can find in Item 1 (Business), Item 1A (Rack Factors), Item 3 (Legal Proceedings), Item X (Executive Officers of the Company), Item 5 (Market for the Registrant's Common Equity), Item 7 (Management's Discussion and Analysis of Financial Condition ults of Operations), and Item 10 (Directors, Executive Officers and Corporate Governance) of the firm's Form 10-ease do the following 1. Identify your firm's main objectives and their strategic activities for meeting those objectives. While some objectives and strategic activities may be explicitly disclosed, read "between the lines to identify objectives and strategic activities that are implicitly disclosed. 2. Present an analysis of the competitive environment for your firm. This section is comprised of five subsections: (1) industry competition, (2) bargaining power of buyers, (3) bargaining power of suppliers. (4) threat of. substitution and (5) threat of entry 3. Present an analysis of the broader business environment for your firm. This section is comprised of nine subsections: (1) life cycle, (2) outputs, (3) buyers, (4) inputs, (5) competition (6) financing. (7) labor. (8) governance, and (9) risk Provide via email and in the appropriate format, the following information addressing the most recent Form 10-K for The Home Depot, Inc., the information detailed in Sections A and B. Section A is mostly based on Item 8 (Financial Statements and Supplementary Data) of the most recent Form 10-K Provide the information requested below. If a particular item or part of an item cannot be responded to specify why (eg. "Not applicable," or "Necessary data not provided.") Section 1: 1. What is the date of the most recent balance sheet? 2. As of the most recent balance sheet date, what are the two largest current asset account? As of the most recent balance sheet date, what are the two largest noncurrent asset accounts? 4. As of the most recent balance sheet date, what are the two largest current liability accounts 5. As of the most recent balance sheet date, what are the two largest noncurrent liability accounts? 6. For the most recent year, what is the revenue? 7. For the most recent year, what are the two largest expense accounts? 8. For the most recent year, what is the gross profit? 9. For the most recent year, what is the operating profit (or loss)? 10. For the most recent year, what is the net income (or loss)? Section 2: 1. Briefly describe the revenue recognition policy. 3. 2. If so, for what line of business? 1ateg Paragraph Section 2: 1. Briefly describe the revenue recognition policy 2. Does the firm use the percentage of completion method? If so, for what line of business? 3. For the most recent year, what was the research and development (R&D) expense? 4. For the most recent year, were there restructuring expenses? If so, briefly describe the nature of the restructuring Style expanses 5. For the most recent year, what was the income tax expense? For the income tax expense, what ur the current and deferred portions? 6. For the most recent year, what were the statutory U.S. federal income tax rate and the effective rate? Identify the two largest items that reconcile the difference between the U.S. federal income to rate and the effective cate 7. For the most recent balance sheet date, identify (a) the two largest deferred tax for deferred tax assets, and (c) the two largest deferred tax liabilities. the valuation allowance i 8. For the most recent year, briefly describe any 'below-the-line' income statement components related to (a) discontinued operations (also see Module 7) and (b) extraordinary items. 9. For the most recent year, what were (a) basic net income (loss) per share and (b) diluted net income (loss) per share. Page 3 of 7 Section B is mostly based on Item 8 (Financial Statements and Supplementary Duta) of the most recent Form 10-K Present the most recent value (based on annual data, te, not quarterly data) for the maneres identified below. Show your work in the derivation of the values of the measures-not simply the values. If a value of a meanare cannot be derned, specify why (eg. "Not applicable." or "Necessary data not provided."). Also, specify any asanction() you make t derive a value that is not straight forward. Please show the formula and your calculations Section 1: . . . . . . . . . . Paragraph Return on equity (ROE) Total net operating assets (NOA) Net operating profit after tax (NOPAT) Return on net operating assets (RNOA) Nonoperating return Net operating profit margin (NOPM) Net operating asset turnover (NOAT) Net working capital Current ratio Quick ratio Liabilities-to-equity ratio Times interest earned w . Section 2: . Paragraph Times interest earned Basic net income (loss) per share Diluted net income (loss) per share Styles The project description provides a general plan; deviations may be necessary. The project is to be based exclusively on information contained in the most recent Form 10-K for The Home Depot, for the fiscal year ended January 30, 2022. The project is worth 100 points and comprised of three parts. Each part of the project must be delivered no later than 11:59 pm on the date specified for the part. No exception will be made i this rule. Late assignments will be given no credit at all. With appropriate and sufficient effort and attention to detail, you should earn all 100 points on this project. Failure to meet the project requirements detailed in this document will result in deduction of points when determining your score FORM 10-K PROJECT DESCRIPTION Flex MBA 8025 (Financial Statement Analysis) Summer Semester 2022 The format (maccurate format(s) will result in the forfeiture of the points for the particular assignment) of materials submitted must be as follows For each part, attach a cover page identifying (1) the Part number, (2) your name, and (3) the firm name Page numbers on all pages in lower-right comer Font size of 11 Font of Times New Roman . . mine for ton bottom left and right T 1295 100% . Paragraph Font of Times New Roman One-inch margins for top, bottom, left and right 1.5 line spacing for narrative content Include the question and answer (NOT just the answer) for each question. The electronic version of this description can be found at the iCollege course site under the 10-K Project content folder. Simply download the file and include your answers. Styles Your project will be based on one firm (The Home Depot, Inc.) that files Form 10-K with the Securities and Exchange Commission. Provide via email and in the appropriate format, the following information addressing the most recent Form 10-K for The Home Depot, Inc. This part is limited to no more than four pages double spaced or two pages single spaced (be concise) and should be mostly based on any applicable information you can find in Item 1 (Business), Item 1A (Rack Factors), Item 3 (Legal Proceedings), Item X (Executive Officers of the Company), Item 5 (Market for the Registrant's Common Equity), Item 7 (Management's Discussion and Analysis of Financial Condition ults of Operations), and Item 10 (Directors, Executive Officers and Corporate Governance) of the firm's Form 10-ease do the following 1. Identify your firm's main objectives and their strategic activities for meeting those objectives. While some objectives and strategic activities may be explicitly disclosed, read "between the lines to identify objectives and strategic activities that are implicitly disclosed. 2. Present an analysis of the competitive environment for your firm. This section is comprised of five subsections: (1) industry competition, (2) bargaining power of buyers, (3) bargaining power of suppliers. (4) threat of. substitution and (5) threat of entry 3. Present an analysis of the broader business environment for your firm. This section is comprised of nine subsections: (1) life cycle, (2) outputs, (3) buyers, (4) inputs, (5) competition (6) financing. (7) labor. (8) governance, and (9) risk Provide via email and in the appropriate format, the following information addressing the most recent Form 10-K for The Home Depot, Inc., the information detailed in Sections A and B. Section A is mostly based on Item 8 (Financial Statements and Supplementary Data) of the most recent Form 10-K Provide the information requested below. If a particular item or part of an item cannot be responded to specify why (eg. "Not applicable," or "Necessary data not provided.") Section 1: 1. What is the date of the most recent balance sheet? 2. As of the most recent balance sheet date, what are the two largest current asset account? As of the most recent balance sheet date, what are the two largest noncurrent asset accounts? 4. As of the most recent balance sheet date, what are the two largest current liability accounts 5. As of the most recent balance sheet date, what are the two largest noncurrent liability accounts? 6. For the most recent year, what is the revenue? 7. For the most recent year, what are the two largest expense accounts? 8. For the most recent year, what is the gross profit? 9. For the most recent year, what is the operating profit (or loss)? 10. For the most recent year, what is the net income (or loss)? Section 2: 1. Briefly describe the revenue recognition policy. 3. 2. If so, for what line of business? 1ateg Paragraph Section 2: 1. Briefly describe the revenue recognition policy 2. Does the firm use the percentage of completion method? If so, for what line of business? 3. For the most recent year, what was the research and development (R&D) expense? 4. For the most recent year, were there restructuring expenses? If so, briefly describe the nature of the restructuring Style expanses 5. For the most recent year, what was the income tax expense? For the income tax expense, what ur the current and deferred portions? 6. For the most recent year, what were the statutory U.S. federal income tax rate and the effective rate? Identify the two largest items that reconcile the difference between the U.S. federal income to rate and the effective cate 7. For the most recent balance sheet date, identify (a) the two largest deferred tax for deferred tax assets, and (c) the two largest deferred tax liabilities. the valuation allowance i 8. For the most recent year, briefly describe any 'below-the-line' income statement components related to (a) discontinued operations (also see Module 7) and (b) extraordinary items. 9. For the most recent year, what were (a) basic net income (loss) per share and (b) diluted net income (loss) per share. Page 3 of 7 Section B is mostly based on Item 8 (Financial Statements and Supplementary Duta) of the most recent Form 10-K Present the most recent value (based on annual data, te, not quarterly data) for the maneres identified below. Show your work in the derivation of the values of the measures-not simply the values. If a value of a meanare cannot be derned, specify why (eg. "Not applicable." or "Necessary data not provided."). Also, specify any asanction() you make t derive a value that is not straight forward. Please show the formula and your calculations Section 1: . . . . . . . . . . Paragraph Return on equity (ROE) Total net operating assets (NOA) Net operating profit after tax (NOPAT) Return on net operating assets (RNOA) Nonoperating return Net operating profit margin (NOPM) Net operating asset turnover (NOAT) Net working capital Current ratio Quick ratio Liabilities-to-equity ratio Times interest earned w . Section 2: . Paragraph Times interest earned Basic net income (loss) per share Diluted net income (loss) per share Styles