Question

Access EDGAR on the Internet. The web address is SEC.ORG (Links to an external site.)Links to...

  1. Access EDGAR on the Internet. The web address is SEC.ORG (Links to an external site.)Links to an external site.Search for Home Depot by putting "Home Depot" in the company name search box. Access the 10-K filing for the most recent fiscal year. (Look for the blue "Interactive Data" oval in the third column.) Then browse the Balance Sheet, Income Statement, Cash Flows and the Summary of Significant Accounting Policies in order to answer the questions below. Answer the following questions related to the company's property, plant, and equipment:

    1. What is the original cost of Property and Equipment shown on the balance sheet for the current year? Be sure to indicate if it is in thousands, millions, etc.

Homework Answers

Answer #1

The latest 10-K for Home Depot that is available on EDGAR is for the fiscal year ended January 28, 2018.

The original cost of property and equipment that is shown on the balance sheet for the current year is $41,414 (in millions). This is on a gross basis i.e. without reducing the depreciation amount.

On a net basis the amount is (i.e. after reducing the depreciation amount) $22,075 (in millions).

The table is shown below:

Land 8,352
Buildings 18,073
Furniture, fixtures and equipment 11,506
Leasehold improvements 1,637
Construction in progress 538
Capital leases 1,308
Property and equipment at cost (gross basis) 41,414
less: accumulated depreication 19,339
Net property and equipment (net basis) 22,075

All figures in the above table are in $ millions.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. go to www.sec.gov (Links to an external site.)Links to an external site. 2. Hover your...
1. go to www.sec.gov (Links to an external site.)Links to an external site. 2. Hover your cursor over "Filings" in the menu bar across the top 3. click on "company filings search" that pops up when you hover 4. in the FAST SEARCH box on the far right type in "AEO" for the ticker and click "search" for American Eagle. For Buckle type in "BKE". 5. in the "filings" column on the far left look for the most recent "10-K"...
1. go to www.sec.gov (Links to an external site.)Links to an external site. 2. Hover your...
1. go to www.sec.gov (Links to an external site.)Links to an external site. 2. Hover your cursor over "Filings" in the menu bar across the top 3. click on "company filings search" that pops up when you hover 4. in the FAST SEARCH box on the far right type in "AEO" for the ticker and click "search" for American Eagle. For Buckle type in "BKE". 5. in the "filings" column on the far left look for the most recent "10-K"...
Access and read the article "Efficiency vs. Clarity (Links to an external site.)" by Matt Brems...
Access and read the article "Efficiency vs. Clarity (Links to an external site.)" by Matt Brems on the Toward Data Science web site. What is your impression of or evaluation of this article and its content? Do you believe that the approaches given are appropriate for you to consider for use as you become a data scientist?
1. go to www.sec.gov (Links to an external site.)Links to an external site. 2. Hover your...
1. go to www.sec.gov (Links to an external site.)Links to an external site. 2. Hover your cursor over "Filings" in the menu bar across the top 3. click on "company filings search" that pops up when you hover 4. in the FAST SEARCH box on the far right type in "AEO" for the ticker and click "search" for American Eagle. For Buckle type in "BKE". 5. in the "filings" column on the far left look for the most recent "10-K"...
Access Coca-Cola's (KO) online financial statements (10-K Annual Report) via the SEC/Edgar Web site below. Please...
Access Coca-Cola's (KO) online financial statements (10-K Annual Report) via the SEC/Edgar Web site below. Please cut and paste the address below into browser as I am unable to include a link here. https://www.sec.gov/Archives/edgar/data/21344/000002134417000009/a2016123110-k.htm. Review the company's financial statements, paying close attention to the revenues and any corresponding notes and narratives. Review the company's notes, analysis, and narratives that you can find relative to its revenues. Using the information gathered, answer these questions: 1. Where are the company's revenues coming...
Financial Accounting Individual Assignment USING AMERICAN AIRLINES You should answer all of the questions listed below...
Financial Accounting Individual Assignment USING AMERICAN AIRLINES You should answer all of the questions listed below as they relate to the financial statements of any U.S. public company of your choice in its latest annual report. Please use the Securities and Exchange Commission web site as your primary source for financial statements. All publicly traded U S companies have their annual reports called the 10-K available through the Securities and Exchange Commission web site. http://www.sec.gov/ Instructions for use of the...
The purpose of this discussion forum is to engage the class by sharing with your peers...
The purpose of this discussion forum is to engage the class by sharing with your peers the knowledge you have learned from this course. Therefore, this forum is structured to be similar to a "mini-research presentation forum." Each student shares with the class in their discussion posting the knowledge they have gained from their research. For your initial post: ACG 2021 Chapter 7 Learning Objective 6 - View before completing discussion assignment Cash Ratio ACG 2021Chapter 8 Learning Objective 5...
Develop a 2018 individual tax return (with all required forms and supporting schedules) for Rob and...
Develop a 2018 individual tax return (with all required forms and supporting schedules) for Rob and Laura Petrie that is both professional in appearance and technically correct. The use of tax software or a professional tax preparer to complete this project is prohibited. You can access fill-in forms (in pdf format) on the IRS website (www.irs.gov) by clicking on “More” on the left side of the homepage in the “Forms and Pubs” section. Next, click on the “Current Forms and...
Wal-Mart Online Wal-Mart is one of the largest companies in America. It is definitely the largest...
Wal-Mart Online Wal-Mart is one of the largest companies in America. It is definitely the largest retailer, both in terms of the number of stores (8,970 worldwide in 2011) and the level of sales ($419 billion from the 2011 Annual Report). By pushing suppliers to continually reduce costs, Wal-Mart is known for pursuing low prices and the stores often attract customers solely in-terested in lower prices. With Wal-Mart’s expansion into groceries, the company has be-come the largest retail grocer in...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...