ACC 497 Week 2, Individual Assignment - Financial Statements Paper Part I

May 1st, 2015
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ACC 497 Week 2, Individual Assignment - Financial Statements Paper Part I

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Financial Analysis of Home DepotACC 497NameDateInstructorFinancial Analysis of Home DepotThe consolidated statement of earnings shows data about the company Home Depot's sales, operating expenses, gross profit, and net profit and it also shows the weighted and diluted earnings per share. This statement also shows and tells the net sales of Home Deport and where it decreases in the 2008 from 2007 with $1673 and there is also a decrease in 2009 from 2008 in the amount of $6061. The cost of sales there is a decrease in the year of 2008 and in the year of 2009 from year 2007 and this is why the gross profit of Home depot has a decrease in these years. The operating expense of Home Depot show an increased in the year of 2008 and 2009 and from the year of 2007 because the increase in depreciation expenses and selling and administration expenses. This is why the operating income has a decrease of $2883 in the year of 2009 from the year of 2008(The Home Depot, 2008)The interest expenses are increased in the year of 2008 from year 2007 in the amount of $305, but shows a decrease in the year of 2009 with $72 from the year of from the year of 2008. Then there are other expenses in the amount of $163 and also in the ear of 2009 this is why the total of interest expenses that is an increased in the year of 2009 from the year of 2007 and 2008. The Home depot had a decrease in the amount of provision from the income tax in the year of 2009. Which are the

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