Question

Refer to the financial statements of The Home Depot in Appendix A at the end of this book, or download the annual report from the Cases section in the Connect library.
Required:
1. What is the amount of Accumulated Depreciation and Amortization at February 2, 2014? What percentage is this of the total cost of property and equipment?
a. $ 15,716; 40.2%
c. $ 1,627; 4.2%
b. $ 15,716; 67.3%
d. $ 1,627; 10.4%
2. What amount of Depreciation and Amortization Expense was reported for the year ended February 2, 2014? What percentage of net sales is it?
a. $ 15,716; 19.9%
c. $ 1,627; 2.1%
b. $ 15,716; 40.2%
d. $ 1,627; 4.2%
3. What is the fixed asset turnover ratio for the year ended February 2, 2014?
a. 3.27
c. 3.32
b. 3.29
d. 3.38


$1.99
Sales0
Views81
Comments0
  • CreatedNovember 02, 2015
  • Files Included
Post your question
5000