The Home Depot had the following information from their balance sheet: Retained Earnings: $2 billion Common...
The Home Depot had the following information from their balance sheet:
Retained Earnings: $2 billion
Common Stock: $ 5 billion
Current Assets: $3 billion
Long-Term Assets: $10 billion
The amount of liabilities must be:
| $7 billion |
| $8 billion |
| $6 billion |
| $5 billion |
Homework Answers
| $ in billion | |
| Current Assets | 3 |
| Long-Term Assets | 10 |
| Total Assets | 13 |
| Less: Retained Earnings | 2 |
| Less: Common Stock | 5 |
| Amount of liabilities | 6 |
| Option 3 $6 billion is correct | |
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The Home Depot had the following information from their balance
sheet:
Retained Earnings: $2 billion
Common...
The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc...
The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc and Subsidiaries. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS Fiscal Year Ended(1) amounts in millions, except per share data January 31, 2016 February 1, 2015 February 2, 2014 NET SALES $ 88,519 $ 83,176 $ 78,812 Cost of Sales 58,254 54,787 51,897 GROSS PROFIT 30,265 28,389 26,915 Operating Expenses: Selling, General and Administrative 16,801 16,280 16,122 Depreciation and Amortization 1,690 1,640...
The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc...
The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc and Subsidiaries. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS Fiscal Year Ended(1) amounts in millions, except per share data January 31, 2016 February 1, 2015 February 2, 2014 NET SALES $ 88,519 $ 83,176 $ 78,812 Cost of Sales 58,254 54,787 51,897 GROSS PROFIT 30,265 28,389 26,915 Operating Expenses: Selling, General and Administrative 16,801 16,280 16,122 Depreciation and Amortization 1,690 1,640...
The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc...
The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc and Subsidiaries. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS Fiscal Year Ended(1) amounts in millions, except per share data January 31, 2016 February 1, 2015 February 2, 2014 NET SALES $ 88,519 $ 83,176 $ 78,812 Cost of Sales 58,254 54,787 51,897 GROSS PROFIT 30,265 28,389 26,915 Operating Expenses: Selling, General and Administrative 16,801 16,280 16,122 Depreciation and Amortization 1,690 1,640...
Required information The following are the consolidated statement of earnings and the balance sheet of Home...
Required information The following are the consolidated statement of earnings and the balance sheet of Home Depot, Inc and Subsidiaries. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS Fiscal Year Ended(1) amounts in millions, except per share data January 31, 2016 February 1, 2015 February 2, 2014 NET SALES $ 88,519 $ 83,176 $ 78,812 Cost of Sales 58,254 54,787 51,897 GROSS PROFIT 30,265 28,389 26,915 Operating Expenses: Selling, General and Administrative 16,801 16,280 16,122 Depreciation and Amortization...
Pro Forma Balance Sheet: Just need Common Stock & Retained Earnings, External Funds required, and Total...
Pro Forma Balance Sheet:
Just need Common Stock & Retained Earnings, External Funds
required, and Total liabilities and stockholders equity, and the
multiple choice question
Pro forma balance sheet Peabody & Peabody has 2015 sales of $10.4 million. It wishes to analyze expected performance and financing needs for 2017-2 years ahead. Given the following information, respond to parts a. and b 1) The percents of sales for items that vary directly with sales are as follows Accounts rece able: 11.6%,...
Using the following balance sheet, prepare and analyze the common size balance sheet: Assets &nb...
Using the following balance sheet, prepare and analyze the common size balance sheet: Assets Liabilities and stockholders’ equity Current assets Current liabilities Cash 4 Accounts payable 28 Short term investments 9 Current portion of long term debt 12 Accounts receivable 32 Total current liabilities 40 Inventory 41 Prepaid expenses 2 Long term liabilities Deferred taxes, current 7 Long term debt 48 Total current assets 95 Total liabilities 88 Long term assets Stockholders equity Property & equipment 53 Common stock...
Required information The following are the consolidated statement of earnings and the balance sheet of Home...
Required information
The following are the consolidated statement of earnings and the
balance sheet of Home Depot, Inc and Subsidiaries.
THE HOME DEPOT, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
Fiscal Year Ended(1)
amounts in millions, except per share data
January
31,2016
February
1, 2015
February
2, 2014
NET SALES
$
66,181
$
71,294
$
77,359
Cost of Sales
43,756
47,283
51,349
GROSS PROFIT
22,425
24,011
26,010
Operating Expenses:
Selling, General and Administrative
15,897
17,832
17,052
Depreciation and Amortization
1,702...
question#3 Instructions Balance Sheet Instructions Current Year $1,637,500.00 2 Current assets 3 Property, plant, and equipment...
question#3
Instructions Balance Sheet Instructions Current Year $1,637,500.00 2 Current assets 3 Property, plant, and equipment Intangible assets 3,864,500.00 1,048,000.00 1,179,000.00 Previous Year $1,210,000.00 4,235,000.00 605,000.00 847,000.00 1.996,500.00 665,500.00 2,541,000.00 5 Current liabilities 1,768,500.00 6 long-term liabilities 7 Common stock 655,000.00 2,947,500.00 & Retained earnings Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. Instructions...
Balance Sheet Calculations Dawson Company's balance sheet information at the end of 2019 and 2020 is...
Balance Sheet Calculations Dawson Company's balance sheet information at the end of 2019 and 2020 is as follows: 2019 2020 Current assets $ (a) $25,000 Long-term liabilities (b) 34,900 Total contributed capital (c) (9) Long-term investments 19,200 (h) Retained earnings 49,800 60,100 Total liabilities (d) (i) Intangible assets 10,400 9,000 Current liabilities 14,500 13,000 Common stock, $5 par (e) 20,000 Total assets 141,800 (1) Additional paid-in capital 15,000 (k) Property, plant, and equipment (net) 85,700 92,800 Accumulated other comprehensive income...
Balance Sheet: Use the following financial information to prepare a balance sheet: Burger Shack, Inc.; Balance...
Balance Sheet: Use the following financial information to prepare a balance sheet: Burger Shack, Inc.; Balance Sheet Inventory 335,000 Accounts Receivable Accounts Payable 40.000 Buildings Furniture and Fixtures 16,000 Trademark Mortgage 325,000 Note Payable (6 month) Equipment and Vehicles 40,000 Retained Earnings Notes Receivable (3 month) 50,000 Land Common Stock (1,000,000 shares) 100,000 Cash Salaries Payable 90,000 192,000 110,000 20,000 150,000 113,000 40,000 15,000 Assets Current Assets Total Current Assets Fixed Assets Total Fixed Assets Intangible Assets Total Intangible Assets...
Pro Forma Balance Sheet:
Just need Common Stock & Retained Earnings, External Funds
required, and Total liabilities and stockholders equity, and the
multiple choice question
Pro forma balance sheet Peabody & Peabody has 2015 sales of $10.4 million. It wishes to analyze expected performance and financing needs for 2017-2 years ahead. Given the following information, respond to parts a. and b 1) The percents of sales for items that vary directly with sales are as follows Accounts rece able: 11.6%,...
Required information
The following are the consolidated statement of earnings and the
balance sheet of Home Depot, Inc and Subsidiaries.
THE HOME DEPOT, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
Fiscal Year Ended(1)
amounts in millions, except per share data
January
31,2016
February
1, 2015
February
2, 2014
NET SALES
$
66,181
$
71,294
$
77,359
Cost of Sales
43,756
47,283
51,349
GROSS PROFIT
22,425
24,011
26,010
Operating Expenses:
Selling, General and Administrative
15,897
17,832
17,052
Depreciation and Amortization
1,702...
question#3
Instructions Balance Sheet Instructions Current Year $1,637,500.00 2 Current assets 3 Property, plant, and equipment Intangible assets 3,864,500.00 1,048,000.00 1,179,000.00 Previous Year $1,210,000.00 4,235,000.00 605,000.00 847,000.00 1.996,500.00 665,500.00 2,541,000.00 5 Current liabilities 1,768,500.00 6 long-term liabilities 7 Common stock 655,000.00 2,947,500.00 & Retained earnings Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. Instructions...
Balance Sheet Calculations Dawson Company's balance sheet information at the end of 2019 and 2020 is as follows: 2019 2020 Current assets $ (a) $25,000 Long-term liabilities (b) 34,900 Total contributed capital (c) (9) Long-term investments 19,200 (h) Retained earnings 49,800 60,100 Total liabilities (d) (i) Intangible assets 10,400 9,000 Current liabilities 14,500 13,000 Common stock, $5 par (e) 20,000 Total assets 141,800 (1) Additional paid-in capital 15,000 (k) Property, plant, and equipment (net) 85,700 92,800 Accumulated other comprehensive income...
Balance Sheet: Use the following financial information to prepare a balance sheet: Burger Shack, Inc.; Balance Sheet Inventory 335,000 Accounts Receivable Accounts Payable 40.000 Buildings Furniture and Fixtures 16,000 Trademark Mortgage 325,000 Note Payable (6 month) Equipment and Vehicles 40,000 Retained Earnings Notes Receivable (3 month) 50,000 Land Common Stock (1,000,000 shares) 100,000 Cash Salaries Payable 90,000 192,000 110,000 20,000 150,000 113,000 40,000 15,000 Assets Current Assets Total Current Assets Fixed Assets Total Fixed Assets Intangible Assets Total Intangible Assets...
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