Question

THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS February 3, 2019 January 28, 2018 in millions, except per share data Assets Current assets: Cash and cash equivalents Receivables, net Merchandise inventories Other current assets Total current assets Net property and equipment Goodwill Other assets Total assets 1,778 $ 1,936 13,925 890 18,529 22,375 2,252 847 44,003 $ 3,595 1,952 12,748 638 18,933 22,075 2,275 1,246 44,529 $ Liabilities and Stockholders' Equity Current liabilities: Short-term debt Accounts payable Accrued salaries and related expenses Sales taxes payable Deferred revenue Income taxes payable Current installments of long-term debt Other accrued expenses Total current liabilities Long-term debt, excluding current installments Deferred income taxes Other long-term liabilities Total liabilities 1,339 $ 7,755 1,506 656 1,782 11 1,056 2,611 16,716 26,807 491 1,867 1,559 7,244 1,640 520 1,805 54 1,202 2,170 16,194 24,267 440 2,174 43,075 45,881 89 89 Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,782 at February 3, 2019 and 1,780 shares at January 28, 2018; outstanding: 1.105 shares at February 3, 2019 and 1,158 shares at January 28, 2018 Paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 677 shares at February 3, 2019 and 622 shares at January 28, 2018 Total stockholders' (deficit) equity Total liabilities and stockholders' equity 10,578 46,423 (772) 10,192 39,935 (566) (58,196) (1,878) 44,003 $ (48,196) 1,454 44,529
1. Profit went up this most recent year due to:

a. Increase in interest expense.

b. decrease in depreciation expenses

c. increase in sales revenue

d. All of the above

2. Total assets decreased since last year because

a. Cash and Receivables decreased.

b. Goodwill increased

c. Accounts Payable decreased

d. None of the above

Answer 1

1. Profit went up due to r C. Increase in sales revenue from ot $ 100,904 to $ 108,203 Also interest expense Geocarcarea decreased.. and depriciation expense increased 2 Total assets decreased b.wz. a cash and receivables decreased from $3595 $1978 1952 to $ 1936 ALSO goodwill decreased and accounts payable increased