The Home Depot reported the following data (in millions) in its financial statements: a. Determine the ratio

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The Home Depot reported the following data (in millions) in its financial statements:

The Home Depot reported the following data (in millions) in its

a. Determine the ratio of net sales to assets for The Home Depot for 2009 and 2008. Round to two decimal places.
b. What conclusions can be drawn from these ratios concerning the trend in the ability of The Home Depot to effectively use its assets to generatesales?

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Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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