Question: Identifying and Computing ROPI Model Inputs Following are the balance sheets and statement of earnings for Home Depot Inc. for fiscal year ended February

Identifying and Computing ROPI Model Inputs Following are the balance sheets and 

Identifying and Computing ROPI Model Inputs Following are the balance sheets and statement of earnings for Home Depot Inc. for fiscal year ended February 3, 2019, which the company labels fiscal year 2018. THE HOME DEPOT INC. Consolidated Balance Sheets $ millions, except par value Assets February 3, January 28, 2019 2018 Current assets Cash and cash equivalents | $1,654 $3,345 Receivables, net 1,800 1,815 Merchandise inventories 12,950 11,856 Other current assets 828 593 Total current assets 17,232 17,609 Net property and equipment 20,809 20,530 Goodwill 2,094 2,116 Other assets Total assets 788 $40,923 1,159 $41,414 THE HOME DEPOT INC. Consolidated Balance Sheets $ millions, except par value February 3, January 28, 2019 2018 Liabilities and Stockholders' Equity Current liabilities Short-term debt Accounts payable Accrued salaries and related expenses Sales taxes payable Deferred revenue Income taxes payable Current installments of long-term debt Other accrued expenses $1,245 $1,450 7,212 6,737 1,401 1,525 610 484 1,657 1,679 10 50 982 1,118 2,428 2018 Total current liabilities 15,545 15,061 Long-term debt, excluding current installments 24,931 22,568 Deferred income taxes 457 409 Other long-term liabilities 1,736 2,022 Total liabilities 42,669 40,060 Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,782 at February 3, 2019 and 1,780 shares at January 28, 2018, outstanding: 1,105 shares at February 3, 2019 and 1,158 shares at January 28, 2018 Paid-in capital 83 83 9,838 9,479 Retained earnings 43,173 37,140 Accumulated other comprehensive loss (718) (526) Treasury stock, at cost, 677 shares at February 3, 2019 and 622 shares at January 28, 2018 (54,122) (44,822) Total stockholders' (deficit) equity (1,746) 1,354 Total liabilities and stockholders' equity $40,923 $41,414

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