Question

The Home Depot reported the following data (in millions) in its recent financial statements:


a. Determine the ratio of net sales to assets for The Home Depot for Year 2 and Year 1. Round to two decimal places.
b. What conclusions can be drawn from these ratios concerning the trend in the ability of The Home Depot to effectively use its assets to generatesales?


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  • CreatedFebruary 28, 2014
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