Exercise $2\mathrm{.}16($Static$)$ Home Depot, Incorporated, Financial Statements $($LO$2-4,$ LO$2-5,$ LO$2-6)$

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Locate the balance sheet, income statement, and statement of cash flows of Home Depot, Incorporated, in Appendix A of your text. Review those statements and then respond to the following for the year ended January $30,2022($fiscal year $2021).$

Exercise $2\mathrm{.}16($Static$)$ Part b

Required:

b$-1.$ What were the cash balances at the beginning and end of the year? $($Treat $$cash equivalents$$ as if they were cash.$)$

Note: Enter your answers in millions.

b$-2.$ What were the three largest causes of the cash decrease during the year?

Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.

check all that apply

Cash dividendsunanswered

Purchase of investmentsunanswered

Long$-$term borrowingsunanswered

Repayment of long$-$term debtsunanswered

Repurchase of common stockunanswered

Sale of property and equipmentunanswered

Capital expendituresunanswered

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