Question: The financial statements for Home Depot are provided in Appendix E at the end of the text. a. Determine the free cash flow for the

The financial statements for Home Depot are provided in Appendix E at the end of the text.
a. Determine the free cash flow for the years ended February 2, 2003 and February 3, 2002. Assume that 80% of capital expenditures were for new store openings, and the remaining was for remodeling and updating existing stores.
b. Determine the percent of free cash flow to operating activities and net sales.
c. Interpret your results in (a) and (b).

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a and b all numbers in millions 2003 2002 Sales 58247 53553 Cash flows from operating activities 480... View full answer

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