Financial Statement Forecasting: The Home Depot

Question
Financial Statement Forecasting: The Home Depot is a leading specialty retailer of hardware and home improvement products and is the second-largest retail store chain in the United States. It operates large warehouse-style stores. Despite declining sales and difficult economic conditions in 2007 and 2008, The Home Depot continued to invest in new stores. The following table provides summary data for The Home Depot (see attached).

Required
a. Use the preceding data for The Home Depot to compute average revenues per store, capital spending per new store, and ending inventory per store in 2008.

Don't use plagiarized sources. Get Your Custom Essay on
Financial Statement Forecasting: The Home Depot
Just from $13/Page
Order Essay

b. Assume that The Home Depot will add 100 new stores by the end of Year +1.
Use the data from 2008 to project Year +1 sales revenues, capital spending, and ending inventory. Assume that each new store will be open for business for an average of one-half year in Year _1. For simplicity, assume that in
Year +1, Home Depot’s sales revenues will grow, but only because it will open new stores.

Order your essay today and save 15% with the discount code: APRICOT

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal
error: Content is protected !!
Live Chat+1(405) 367-3611Email