In a recent years financial statements, Home Depot reported the following: Total liabilities = $30,624 million and
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In a recent year’s financial statements, Home Depot reported the following: Total liabilities = $30,624 million and Total assets = $39,946 million. Compute and interpret Home Depot’s debt ratio (assume competitors average a 60.0% debt ratio).
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Debt ratio Total liabilities Total assets 30624 mil ...View the full answer
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Ali Khawaja
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Related Book For 
Financial Accounting Fundamentals
ISBN: 978-1259726910
6th edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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