For the fiscal year ended January 28, 2018, Home Depot reports (in millions) cash provided by operating

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For the fiscal year ended January 28, 2018, Home Depot reports (in millions) cash provided by operating activities of \($12,031.\) For the same period, average cur- rent liabilities were reported to be \($16,194,\) and annual capital expenditures were \($1,897.\) Calculate the free cash flow, operating-cash-flow-to-current-liabilities ratio, and the operating-cash-flow-to- capital-expenditures ratio for Home Depot and comment on the results.

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Managerial Accounting For Undergraduates

ISBN: 9780357499948

2nd Edition

Authors: James Wallace, Scott Hobson, Theodore Christensen

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