The Home Depot, Inc., reported the following data in its FY 2018 10-K (for the fiscal year

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The Home Depot, Inc., reported the following data in its FY 2018 10-K (for the fiscal year ended February 3, 2019):

Analyze:
1. What percentage of total current liabilities is made up of accrued salaries and related expenses at February 3, 2019?
2. By what amount did accrued salaries and related expenses change from fiscal 2017 to fiscal 2018?

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College Accounting A Contemporary Approach

ISBN: 9781260780352

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Authors: David Haddock, John Price, Michael Farina

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Question Posted: Jul 14, 2022 07:26 AM

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The Home Depot, Inc., reported the following data in its FY 2018 10-K (for the fiscal year

Question:

The Home Depot, Inc. and Subsidiaries Consolidated Balance Sheets (in millions except per share amounts) Current liabilities: Accrued salaries and related expenses Total current liabilities February 3, 2019 January 28, 2018 1,506 16,716 1,640 16,194

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College Accounting A Contemporary Approach

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