Case: Finding Financial Information Refer to the financial statements of The Home Depot in Appendix A at the end of this book, or download the annual report from the Cases section of the text's Web site at www.mhhe.com/LLPW1e .
Required: 1. The company's Prepaid Advertising Expenses are included in the balance sheet under Other Current Assets. Refer to the notes to the financial statements to determine the amount of the Prepaid Advertising Expenses as of February 3, 2008.
2. How much did The Home Depot owe for salaries and related expenses at the end of the more recent year? Was this an increase or decrease from the previous year?
3. In which line of the balance sheet does The Home Depot include its intangible assets and what kinds of intangible assets does the company have?