2538 Accompanying the financial statements are reports issued by management and an independent registered public accounting firm regarding the company’s

2538 Accompanying the financial statements are reports issued by management and an independent registered public accounting firm regarding the company’s internal control. According to these reports, did the company maintain effective internal control over financial reporting? Refer to the financial statements of The Home Depot in Appendix A at the end of this book. (Note: Fiscal 2016 for The Home Depot runs from February 1, 2016, to January 29, 2017. As with many retail companies, The Home Depot labels the period “Fiscal 2016” even though it ends in the 2017 calendar year. The label “Fiscal 2016” is appropriate because Fiscal 2016 includes 11 months from the 2016 calendar year. The Home Depot explains its choice of fiscal period in Note 1 to its financial statements.) Required: How much does The Home Depot report for Cash and Cash Equivalents, and Restricted Cash (in millions) at January 29, 2017?

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