Refer to The Home Depot, Inc., 2015 Annual Report (for the fiscal year ended January 31, 2016)

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Refer to The Home Depot, Inc., 2015 Annual Report (for the fiscal year ended January 31, 2016) in Appendix A.
Look over the Consolidated Balance Sheets and the Consolidated Statements of Cash Flows for information related to the company’s long-term debt.
1. Did the company incur more debt or pay off long-term debt in the past year?
2. How did the cash payments for long-term debt for FY 2015 compare with fiscal years 2014 and 2013?

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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