The Home Depot, Inc. reported the following data in its 2009 Annual Report (for the fiscal year

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The Home Depot, Inc. reported the following data in its 2009 Annual Report (for the fiscal year ended January 31, 2010):

Analyze:
1. What percentage of total current liabilities is made up of accrued salaries and related expenses at January 31, 2010?
2. By what amount did accrued salaries and related expenses change from fiscal 2009 to fiscal 2010?

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College Accounting A Contemporary Approach

ISBN: 978-0073396958

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Authors: David Haddock, John Price, Michael Farina

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Question Posted: Sep 01, 2016 04:49 AM

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The Home Depot, Inc. reported the following data in its 2009 Annual Report (for the fiscal year

Question:

The Home Depot, Inc. and Subsidiaries Consolidated Balance Sheets (in millions except per share amounts) Jan. 31, 2010 Feb. 1, 2009 Lurrent vaouuies: Accrued salaries and related expenses 1,263 1,129 Total current liobilities 10,363 11,153

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Find the percentage of accrued salaries and related expenses in total current lia...View the full answer

College Accounting A Contemporary Approach

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