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For each question, you will be using the SECs EDGAR database (www.sec.gov) to access companies...

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Accounting

For each question, you will be using the SECs EDGAR database (www.sec.gov) to access companies financial statements and related disclosure notes (10-Ks).

https://www.sec.gov/Archives/edgar/data/354950/000035495017000005/hd-01292017x10xk.htm (INFO IN LINK)

HOME DEPOT INCfiscal year ended January 31, 2017

1.What inventory method(s) does the company use to value its inventory?

2.How does the company ensure that amounts reflected in the consolidated financial statements for Merchandise Inventories are properly stated?

3. Calculate the companys inventory turnover ratio for the fiscal year ended January 31, 2017.

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