I need the dollar change ratio, percent change, trend percent, common size perce
ID: 2584086 • Letter: I
Question
I need the dollar change ratio, percent change, trend percent, common size percent, current ratio, acid test ratio, accounts receivable turnover inventory turn over,days sales incollected, days sales in inventory, total asset turnover debt to equity, times interest earned, to be checked to make sure they are right if it isnt please show me the right work! Thank you ratios used are for 2016 and 2017
THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS Pscal Year Eade Jeneary NET SALES Cost of Sales GROSS PROFIT Operating Expenses: 29, Janeary 31,Febroery I $ 94,595 88,519 83,176 54,787 30,26528,389 62,282 58,254 32,313 7,13216,801 Selling, General and Administrative Depreciation and Amortization 1,690 18,491 13,42711,774 10469 1,754 18,886 16,280 1,640 7,920 Total Opcrating Expenses OPERATING INCOME Interest and Other (Income) Expense: Interest and investment Income Intcrest Expense (36) 972 936 337) 830 493 919 753 Interest and Other, net EARNINGS BEFORE PROVISION FOR INCOME TAXES Provision for Income Taxes NET EARNINGS 11,021 4.012 S 7.957$ 7,009 9.976 ,631 6343 4,534 1,338 S 647 S 549 S4.74 2831:346 1.229 1,277 -- Weighted Average Common Shares BASIC EARNINGS PER SHARE 1,234 Diluted Weighted Average Common Shares DILETED EARNINGS PER SHARE S 6.45S 5.46 .71 Fiscal years ended Janmary 29.2017, January 31. 2016 and February i 2015 imcluste 52 weeksExplanation / Answer
THE HOME DEPOT INC AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF EARNINGS
Fiscal Ended
Amount in Millions
January 29, 2017
Change % 2017
January 31, 2016
Change % 2016
February 01, 2015
Net Sales
$94,595
6.9%
$88,519
6.4%
$83,176
Cost of Sales
$62,282
6.9%
$58,254
6.3%
$54,787
Gross Profit
$32,313
6.8%
$30,265
6.6%
$28,389
Operating Expenses
Selling, General and Administrative
$17,132
2.0%
$16,801
3.2%
$16,280
Depreciation and Amortization
$1,754
3.8%
$1,690
3.0%
$1,640
Total Operating Expenses
$18,886
2.1%
$18,491
3.2%
$17,920
Operating Income
$13,427
14.0%
$11,774
12.5%
$10,469
Interest and Other Income (Expense)
Interest and Investment Income
($36)
-78.3%
($166)
-50.7%
($337)
Interest Expense
$972
5.8%
$919
10.7%
$830
Interest and Other, net
$936
24.3%
$753
52.7%
$493
Earnings before Provision for Income Taxes
$12,491
13.3%
$11,021
10.5%
$9,976
Provision for Income taxes
$4,534
13.0%
$4,012
10.5%
$3,631
Net Earnings
$7,957
13.5%
$7,009
10.5%
$6,345
CONSOLIDATED BALANCE SHEETS:
Fiscal Ended
Amount in Millions
January 29, 2017
Change % 2017
January 31, 2016
Change % 2016
February 01, 2015
ASSETS
Current Assets
Cash and cash equivalents
$2,538
14.5%
$2,216
28.6%
$1,723
Receivables (net)
$2,029
7.4%
$1,890
27.4%
$1,484
Merchandise Inventories
$12,549
6.3%
$11,809
6.6%
$11,079
Other current assets
$608
6.9%
$569
-44.0%
$1,016
Total Current Assets
$17,724
7.5%
$16,484
7.7%
$15,302
Property, Plant and Equipment, at Cost
$40,426
3.0%
$39,266
2.0%
$38,513
Less: Accumulated depreciation and amortisation
$18,512
8.4%
$17,075
8.1%
$15,793
Net Property and Equipment
$21,914
-1.2%
$22,191
-2.3%
$22,720
Goodwill
$2,093
-0.4%
$2,102
55.4%
$1,353
Other Assets
$1,235
3.3%
$1,196
109.5%
$571
Total Assets
$42,966
2.4%
$41,973
5.1%
$39,946
LIABILITY AND STOCKHOLDERS EQUITY:
Current Liabilities
Short term debt
$710
102.9%
$350
20.7%
$290
Accounts payable
$7,000
6.6%
$6,565
13.1%
$5,807
Accrued Salaries and other expenses
$1,484
-2.0%
$1,515
8.9%
$1,391
Sales tax payable
$508
6.7%
$476
9.7%
$434
Deferred revenue
$1,669
6.6%
$1,566
6.7%
$1,468
Income taxes payable
$25
-26.5%
$34
-2.9%
$35
Current maturities of long term debt
$542
603.9%
$77
102.6%
$38
Other accrued expenses
$2,195
13.1%
$1,941
7.5%
$1,806
Total current liabilities
$14,133
12.8%
$12,524
11.1%
$11,269
Long term debt excluding current instalments
$22,349
7.5%
$20,789
23.2%
$16,869
Other long term liabilities
$1,855
-5.6%
$1,965
6.6%
$1,844
Deferred income taxes
$296
-21.9%
$379
-41.0%
$642
Total Liabilities
$38,633
8.3%
$35,657
16.4%
$30,624
STOCKHOLDER'S EQUITY
Common Stock
$88
0.0%
$88
0.0%
$88
Paid-in Capital
$9,787
4.7%
$9,347
5.2%
$8,885
Retained Earnings
$35,519
14.7%
$30,973
14.7%
$26,995
Accumulated other comprehensive loss
($867)
-3.5%
($898)
98.7%
($452)
Treasury Stock
($40,194)
21.1%
($33,194)
26.7%
($26,194)
Total Stockholder's Equity
$4,333
-31.4%
$6,316
-32.2%
$9,322
Total Liability And Stockholders Equity
$42,966
2.4%
$41,973
5.1%
$39,946
Note: 2015 base numbers are taken from the Annual Report of The Home Depot Inc
Ratios
2017
2016
Current Ratio
1.25
1.32
17,724 / 14,133
16,484 / 12,524
Acid Test Ratio
0.32
0.33
(2,538 + 2,029) / 14,133
(2,216 + 1,890) / 12,524
Note: Short term investments are not available in this Company balance sheet
Accounts receivable Turnover
48.28
52.47
94,595 / ((2,029 + 1,890) / 2)
88,519 / ((1,890 + 1,484) / 2)
Inventory Turnover
5.11
5.09
62,282 / ((12,549 + 11,809) / 2)
58,254 / ((11,809 + 11,079) / 2)
Days sales uncollected
7.56
6.96
1 / 48.28 * 365
1 / 52.47 * 365
Note: Value would be same if it is calculated as per formula given as well
Days sales in inventory
71.43
71.71
1 / 5.11 * 365
1 / 5.09 * 365
Note: Value would be same if it is calculated as per formula given as well
Total asset turnover
2.23
2.16
94,595 / ((42,966 + 41,973) / 2)
88,519 / ((41,973 + 39,946) / 2)
Debt to equity
8.92
5.65
38,633 / 4,333
35,657 / 6,316
Times interest earned
13.81
12.81
13,427 / 972
11,774 / 919
Note: Formulas given in the question are considered for all ratios calculations above.
Fiscal Ended
Amount in Millions
January 29, 2017
Change % 2017
January 31, 2016
Change % 2016
February 01, 2015
Net Sales
$94,595
6.9%
$88,519
6.4%
$83,176
Cost of Sales
$62,282
6.9%
$58,254
6.3%
$54,787
Gross Profit
$32,313
6.8%
$30,265
6.6%
$28,389
Operating Expenses
Selling, General and Administrative
$17,132
2.0%
$16,801
3.2%
$16,280
Depreciation and Amortization
$1,754
3.8%
$1,690
3.0%
$1,640
Total Operating Expenses
$18,886
2.1%
$18,491
3.2%
$17,920
Operating Income
$13,427
14.0%
$11,774
12.5%
$10,469
Interest and Other Income (Expense)
Interest and Investment Income
($36)
-78.3%
($166)
-50.7%
($337)
Interest Expense
$972
5.8%
$919
10.7%
$830
Interest and Other, net
$936
24.3%
$753
52.7%
$493
Earnings before Provision for Income Taxes
$12,491
13.3%
$11,021
10.5%
$9,976
Provision for Income taxes
$4,534
13.0%
$4,012
10.5%
$3,631
Net Earnings
$7,957
13.5%
$7,009
10.5%
$6,345
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