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Calculate working capital and the current ratio for each company. (Round ratios to 2 decimal places, e.g. 6.25:1) Hechinger Co. and Home Depot are two
Calculate working capital and the current ratio for each company. (Round ratios to 2 decimal places, e.g. 6.25:1) Hechinger Co. and Home Depot are two home improvement retailers. Compared to Hechinger, founded in the early 1900 s, Home Depot is a relative newcomer. But in recent years, while Home Depot was reporting large increases in net income, Hechinger was reporting increasingly large net losses. Finally, largely due to competition from Home Depot, Hechinger was forced to file for bankruptcy. Here are financial data for both companies (in millions). Using the data provided, perform the following analysis
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