S$9-1($Static$)$ Finding Financial Information $[$LO $9-2,$ LO $9-3,$ LO $9-6,$ LO $9-7]$

Refer to the financial statements of The Home Depot in Appendix A$.($Note: Fiscal $2021$ for The Home Depot ran from February $1,2021,$ to January $30,2022.$ As with many retail companies, The Home Depot labels the period $$Fiscal $2021$ even though it ends in the $2022$ calendar year. The label $$Fiscal $2021$ is appropriate because Fiscal $2021$ includes $11$ months from the $2021$ calendar year. The Home Depot explains its choice of fiscal period in Note $1$ to its financial statements.$)$

Required:

The total cost of Property and Equipment is $$51,329($million$)$ at January $30,2022.$ Use this information, along with other data reported on the balance sheet, to determine the amount of Accumulated Depreciation and Amortization at January $30,2022.$ What percentage is this of the total cost of property and equipment?

multiple choice $1$

$$26,130($million$)$; $50\mathrm{.}9\%$

$$76,528($million$)$; $149\mathrm{.}1\%$

$$24,705($million$)$; $48\mathrm{.}1\%$

$$2,386($million$)$; $4\mathrm{.}6\%$

What amount of Depreciation and Amortization Expense was reported for the year ended January $30,2022?$ What percentage of net sales is it$?$

multiple choice $2$

$$2,386($million$)$; $14\mathrm{.}5\%$

$$2,386($million$)$; $1\mathrm{.}6\%$

$$2,386($million$)$; $4\mathrm{.}7\%$

$$25,199($million$)$; $16\mathrm{.}7\%$

What is the fixed asset turnover ratio for the year ended January $30,2022?$

multiple choice $3$

$1\mathrm{.}53$

$2\mathrm{.}34$

$6\mathrm{.}06$

$6\mathrm{.}00$