Problem

The Home Depot, Inc., financial statements appear in Appendix A at the end of this textboo...

The Home Depot, Inc., financial statements appear in Appendix A at the end of this textbook. Use the statements to complete the following requirements:

a. Calculate the gross profit percentage of Home Depot, Inc.. for each of the years shown in the company’s income statements.


b. Evaluate the company’s trend in sales and gross profit.

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