Refer to the financial statements of The Home Depot in Appendix ANote: Fiscal for The Home Depot runs from February
to February As with many retail companies, The Home Depot labels the period "Fiscal even though it ends in the
calendar year. The label "Fiscal is appropriate because Fiscal includes months from the calendar year. The
Home Depot explains its choice of fiscal period in Note to its financial statements.
Required:
The total cost of Property and Equipment is $million at February Use this information, along with other data
reported on the balance sheet, to determine the amount of "Accumulated Depreciation and Amortization" at February What
percentage is this of the total cost of property and equipment?
$million;
$million;
$million;
$million;
What amount of Depreciation and Amortization Expense was reported for the year ended February What percentage of
net sales is it
$million;
$million;
$million;
$million;
