Listed Below Is the Net Sales in $ Million for Home

question 11

Multiple Choice

Listed below is the net sales in $ million for Home Depot Inc., and its subsidiaries from 1994 to 2003. Using the printout below, what are the estimated sales for 2008?

• A) $90,618.6 Million
• B) $97,082.5 Million
• C) $84,154.7 Million
• D) $103,546.4 Million
• E) $71,227.0 Million

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Definitions:

Ordinary Course Of Business

Activities and transactions that are part of a company's usual and customary operations.

Origin Contract

A contract which determines the initial terms and conditions set forth for an agreement or transaction.

Voidable Title

indicates that a title transfer may be nullified if the buyer discovers the seller did not have ownership rights or authority to sell the item in question.

Good-Faith Purchase

Buying property without knowledge of any existing claims or rights of others, believing the transaction to be honest and legal.