The Home Depot, Inc. reported the following data in its 2012 Annual Report (for the fiscal year
Question:
The Home Depot, Inc. reported the following data in its 2012 Annual Report (for the fiscal year ended February 3, 2013):
Analyze:
1. What percentage of total current liabilities is made up of accrued salaries and related expenses at February 3, 2013?
2. By what amount did accrued salaries and related expenses change from fiscal 2012 to fiscal 2013?
Transcribed Image Text:
The Home Depot, Inc. and Subsidlarles Consolldated Balance Sheets (in millions except per share amoumts) Feb. 3, 2013 Jan. 29, 2012 Lurrent wobItieS Accrued salaries and related expenses 1,414 1,372 Total current liabilities 11,462 9,376
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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