Home Depot Income Statement and Balance Sheet
Home Depot, Inc., according to the company's 10-K SEC (Securities and Exchange Commission) report, is the world's largest home improvement retailer. This statement is based on net sales volume for fiscal year 2002. Given the nature of Home Depot's business, the company's standard industrial classification (SIC) numbers are many, and include the following, to list a few: SIC 15 General Building Contractors, SIC 24 Lumber & Wood Products, SIC 1521 General Contractors, Single Family Houses, SIC 1611 Highway and Street Construction, SIC 2421 Sawmills and Planing Mills, SIC 2435 Hardwood Veneer and Plywood, and SIC 3275 Gypsum Products.
The company's income statement and balance sheet ...
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economy, world events, politics, the economy of other countries, and so on. Fortunately, the company has also managed to lower its operating costs each year as well, so the impact on profit losses is less than it would be were Home Depot's operating costs rising in addition to the income decreasing. The income statement is a multi-step one, and under the classification of "Other Items" are the following: Apex Supply Company, a wholesale distributor of plumbing, HVAC, appliances, and more; Georgia Lighting, a specialty lighting designer, distributor, and retailer; HD Builder Solutions Group, a residential floor-covering company servicing the new-home construction industry; and Home Depot Landscape Supply, a company whose focus is on meeting the needs of professional landscapers and "avid do-it-yourself garden enthusiasts."
The classifications Home Depot uses to report its assets are also many. Under "Current Assets," is listed the following: Cash and Cash Equivalents; ...
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Home Depot Income Statement and Balance Sheet. (2016, March 17). Retrieved April 29, 2024, from http://www.essayworld.com/essays/Home-Depot-Income-Statement-Balance-Sheet/105482
"Home Depot Income Statement and Balance Sheet." Essayworld.com. Essayworld.com, 17 Mar. 2016. Web. 29 Apr. 2024. <http://www.essayworld.com/essays/Home-Depot-Income-Statement-Balance-Sheet/105482>
"Home Depot Income Statement and Balance Sheet." Essayworld.com. March 17, 2016. Accessed April 29, 2024. http://www.essayworld.com/essays/Home-Depot-Income-Statement-Balance-Sheet/105482.
"Home Depot Income Statement and Balance Sheet." Essayworld.com. March 17, 2016. Accessed April 29, 2024. http://www.essayworld.com/essays/Home-Depot-Income-Statement-Balance-Sheet/105482.
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