Question: Please solve and show the work for this information below. Home Depot, Inc. Common Size Statement of Earnings 12 Months Ended in Millions $ Percentages
Please solve and show the work for this information below.
| Home Depot, Inc. Common Size Statement of Earnings | 12 Months Ended in Millions $ | Percentages | ||||
| Feb. 03, 2019 | Jan. 28, 2018 | Jan. 29, 2017 | Feb. 03, 2019 | Jan. 28, 2018 | Jan. 29, 2017 | |
| Net Sales | $ 108,203 | $ 100,904 | $ 94,595 | |||
| Cost of sales | 71,043 | 66,548 | 62,282 | |||
| Gross profit | 37,160 | 34,356 | 32,313 | |||
| Operating expenses: | ||||||
| Selling, general and administrative | 19,513 | 17,864 | 17,132 | |||
| Depreciation and amortization | 1,870 | 1,811 | 1,754 | |||
| Impairment loss | 247 | 0 | 0 | |||
| Total operating expenses | 21,630 | 19,675 | 18,886 | |||
| Operating income | 15,530 | 14,681 | 13,427 | |||
| Interest and other (income) expense: | ||||||
| Interest and investment income | (93) | (74) | (36) | |||
| Interest expense | 1,051 | 1,057 | 972 | |||
| Other | 16 | 0 | 0 | |||
| Interest and other, net | 974 | 983 | 936 | |||
| Earnings before provision for income taxes | 14,556 | 13,698 | 12,491 | |||
| Provision for income taxes | 3,435 | 5,068 | 4,534 | |||
| Net earnings | $ 11,121 | $ 8,630 | $ 7,957 | |||
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