The financial statements of Home Depot are presented in Appendix E at the end of the text.

Question:

The financial statements of Home Depot are presented in Appendix E at the end of the text.

a. Compute the ratio of fixed assets to long-term liabilities for 2002 and 2001.

b. What conclusions can you draw?


Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

Question Posted: