Compute the following ratios for The Home Depot's year ended January 30, 2011: fixed asset turnover, days
Question:
Compute the following ratios for The Home Depot's year ended January 30, 2011: fixed asset turnover, days to sell, and debt-to-assets. To calculate the ratios, use the financial statements of The Home Depot in Appendix A at the end of this book, or download them from the Cases section of the text's Web site at www.mhhe.com/phillips4e.
a. 2.69; 85; 0.53
b. 2.71; 85; 0.53
c. 2.69; 85; 1.12
d. 2.69; 87; 1.12
Financial StatementsFinancial 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 Calculations Fixed Asset Turnover Total Revenue Average Net Fixed Assets Fiscal 2010 679...View the full answer
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Related Book For 
Fundamentals of Financial Accounting
ISBN: 978-0078025372
4th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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