Please answer question 10.9 from Accounting textbook “Financial Reporting, Financial Statement Analysis and Valuation”.The instructions can be found in the (2) pictures I attached. Problems and Cases10.9 Store-Driven Forecasts. The Home Depot is a leading specialty retailer ofhardware and home improvement products and is the second-largest retail store chain in the UnitedStates. It operates large warehouse-style stores. In 2014 and 2015, The Home Depot invested in fivenew stores. The following table provides summary hypothetical data for The Home Depot.The Home Depot (amounts inmillions except number of stores)20142015Number of stores2,2692,274Sales revenues$83,176$88,519Inventory$11,079$11,809Capital Expenditures, net$ 1,442$ 1,503 Questions, Exercises, Problems, and CasesREQUIREDa. 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 2015.b. Assume that The Home Depot will add 10 new stores by the end of Year +1. Use thedata from 2015 to project Year +1 sales revenues, capital spending, and ending inven-tory. Assume that each new store will be open for business for an average of one-halfyear in Year +1. For simplicity, assume that in Year +1, Home Depot's sales revenues willgrow, but only because it will open new stores.

Name: Please answer question 10.9 from Accounting textbook “Financial Report
Uploaded: 2024-03-04T10:43:15.000Z
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Description: Please answer question 10.9 from Accounting textbook “Financial Reporting, Financial Statement Analysis and Valuation”.The instructions can be found in the (2) pictures I attached. Problems and Cases10.9 Store-Driven Forecasts. The Home Depot is a le