The Home Depot, Inc. reported the following data in its 2009 Annual Report (for the fiscal year

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The Home Depot, Inc. reported the following data in its 2009 Annual Report (for the fiscal year ended January 31, 2010):
Number of employees at January 31, 2010.....................317,000
Percentage of employees employed full-time......................61%
Contributions to employees' retirement plans
during the year ended January 31,2010...................$161 million
Analyze:
1. Based on the data above, how many employees were employed full-time at January 31, 2010?
2. Assume only full-time employees receive contributions to their retirement plan. What was the average retirement plan contribution made by The Home Depot for full-time employees?
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Related Book For  answer-question

College Accounting A Contemporary Approach

ISBN: 978-0073396958

2nd edition

Authors: David Haddock, John Price, Michael Farina

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