ACC 497 Home Depot Analysis II Week 3 Financial Statements Paper II

Detailed review of Home Depot�s financial statements.

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HomeDepot Analysis II1Week 3 Financial Statements Paper IIEric DucoteACC497September 22, 2014Rick KwanIn your analysis of Home Depot's financial performance during the 2008 economic downturn,you used vertical analysis, ratio analysis, and trend analysis toevaluate the company’sperformance and management decisions. Given that Home Depot faced significant challengesdue to the recession, how well did the company's management team adapt to the situation?Specifically, how did their financial strategies, suchas debt reduction, store closures, and capitalinvestments, align with their long-term goals and mission statement? Please support yourresponse with evidence from the financial statements and management’s discussion in the 2008annual report.Word Count Requirement:500-700 words

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