The Home Depot, Inc. reported the following data in its Form 10-K filing (for the fiscal year
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The Home Depot, Inc. reported the following data in its Form 10-K filing (for the fiscal year ended January 31, 2016):
Number of employees at January 31, 2016..................................385,000
Contributions to employees’ retirement plans
during the year ended January 31, 2016....................................$186 million
Analyze: Assume all 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
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
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