Part I

Annual reports include not only comparative financial statements but also other sources of information, such as:

A multiyear summary of selected information comparing key financial and other statistics for several years.

Selected Notes that accompany the financial statements.

Reports by management and by the independent auditors in which they express their respective responsibilities for the financial statements.

Discussion and analysis that present management's interpretation of the above information.

Instructions

Answer each of the following questions and explain where in the statements, notes, or other sections of the annual report you located the information used in your answer.

How many years are covered in each of the primary comparative financial statements? Were all of these statements audited? Name the auditors. What were the auditors$$ conclusions concerning these statements?

Home Depot, Inc., combines its statement of retained earnings with another financial statement. Where are details about changes in the amount of retained earnings found?

Over the years presented, have the company$$s annual net cash flows been positive or negative from $(1)$ operating activities, $(2)$ investing activities, and $(3)$ financing activities? Has the company$$s cash balance increased or decreased during each of these years?