Now: Examine the annual report for the company you have selected for your “Financial Statement Analysis Report,” and answer the following questions for the most recent year provided in the financial statements.

1. What is the total revenue? Gross profit?

2. What was total expenses?

3. What was the largest expense for your company? Why do you think that is?

4. Do they pay interest? If yes, what is the total for interest expense?

5. What is the amount of depreciation? What method did they use to calculate depreciation?

Consolidated Statements of Financial Position (millions, except footnotes) Assets Cash and cash equivalents Inventory Other current assets Total current assets Property and equipment Land Buildings and improvements Fixtures and equipment Computer hardware and software Construction-in-progress Accumulated depreciation Property and equipment, net Operating lease assets Other noncurrent assets Total assets Liabilities and shareholders' investment Accounts payable Accrued and other current liabilities Current portion of long-term debt and other borrowings Total current liabilities Long-term debt and other borrowings Noncurrent operating lease liabilities Deferred income taxes Other noncurrent liabilities Total noncurrent liabilities Shareholders' investment Common stock Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total shareholders' investment Total liabilities and shareholders' investment 69 $ January 28, 2023 January 29, 2022 2,229 $ 5.911 13,499 13,902 2,118 1,760 17,846 21,573 6,231 6,164 34,746 32,985 7,439 6.407 3,039 2,505 2,688 1,257 (22,631) (21,137) 31,512 28,181 2,657 2,556 1,320 1,501 53,335 $ 53.811 13,487 $ 15,478 5,883 6,098 130 171 19,500 21,747 16,009 13,549 2,638 2,493 2,196 1,566 1,760 1.629 22,603 19,237 39 - 38 6,608 6,421 5,005 6.920 (419) (553) 11,232 12,827 53,335 $ 53,811 Common Stock Authorized 6,000,000,000 shares, $0.0833 par value; 460,346,947 shares issued and outstanding as of January 28, 2023; 471,274,073 shares issued and outstanding as of January 29, 2022.