I need help with this assignment please Questions THE HOME DEPOT, INC. AND SUBSI
ID: 2527297 • Letter: I
Question
I need help with this assignment please
Questions
THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS February 1, 2015 February 2, 2014 amounts in millions, except share and per share data ASSETS Current Assets: 1,723 1,484 11,079 1,016 15,302 38,513 15,793 22,720 1,353 571 $ 39,946 1,929 1,398 11,057 895 15,279 39,064 15,716 23,348 1,289 602 S 40,518 Cash and Cash Equivalents Receivables, net Merchandise Inventories Other Current Assets Total Current Assets Property and Equipment, at cost Less Accumulated Depreciation and Amortization Net Property and Equipment Goodwill Other Assets Total Assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-Term Debt Accounts Payable Accrued Salaries and Related Expenses Sales Taxes Payable Deferred Revenuc Income Taxes Payable Current Installments of Long-Term Debt Other Accrued Expenses 290 5,807 1,391 434 1,468 35 38 1,806 11,269 16,869 1,844 5,797 1,428 396 1,337 12 1,746 10,749 14,691 2,042 Total Current Liabilities Long-Term Debt, excluding current installments Other Long-Term LiabilitiesExplanation / Answer
The differences between the net operating income and net operating cash flow is due to the non cash expenses like depreiation and amortization and cash inflows not accounted for in computing the net operating income like cash receipts from debtors. However the decreasing trend in these differences reflects an improvement in the financial health of the company as non cash expenses decreases and collections from debtors are realized within a shorter time.
Ans 1 Feb 1 2015 Feb 2 2014 Feb 3 2013 Cash flow from operating activities 8242 7628 6975 Shows an increasing trend over the three year period Net income from operations 6345 5385 4535 Shows an increasing trend over the three year period Difference 1897 2243 2440 Difference progressively decreases over the three year period