Question: Please help Compute ROE Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Total assets

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Compute ROE Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Total assets $42,949 $40,346 Total liabilities 36,318 30,709 Sales 89,234 Net income 7,320 Compute the return on equity for the year ended January 31, 2016. Round answer to two decimal places (ex: 0.12345 = 12.35%) 90.59 X %

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.