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 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...
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a Current year Ratio of fixed assets to longterm liabilities debt 171680000001321000000 130 Precedi...View the full answer
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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