Compute the company's current ratio and quick ratio for the most recent year reported.(Round your answers to 2 decimal places.)

Exercise 10.15 (Static) Examining Home Depot's Capital Structure (LO10-8} To answer the following questions use the financial statements for Home Depot, Inc., in Appendix A . a-1. Compute the company's current ratio and quick ratio for the most recent year reported. a-2. Do these ratios provide support that Home Depot is able to repay its current liabilities as they come due? b-1. Compute the company's debt ratio. b-2. Does Home Depot appear to have excessive debt? c. Does Home Depot's cash flow from operating activities appear adequate to cover its current liabilities as they come due? 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req Bl Req E52 Req C Compute the company's current ratio and quick ratio for the most recent year reported. (Round your answers to 2 decimal places.) \"m \"ma THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS millions, except per share data February 3, 2019 January 28, 2018 Assets Current assets: Cash and cash equivalents 1,778 $ 3,595 Receivables, net 1,936 1,952 Merchandise inventories 3,925 12,748 Other current asset 890 638 Total current asse 18,529 18,933 Net property and equipment 22,375 22,075 Goodwill 2.252 2,275 Other assets 847 1,246 Total assets Liabilities and Stockholders' Equity 44,003 $ 44.529 Current liabilities Short-term debt $ 1,339 1,559 Accounts payable 7,755 7,244 Accrued salaries and related expenses 1,506 1,640 Sales taxes payable 656 520 Deferred revenue 1.782 ,805 ne taxes payable 11 Current installments of long-term debt 1,056 1,202 Other accrued expenses 2,611 2,170 Total current liabilities 16,716 16,194 Long-term debt, excluding current installments 26,807 24,267 Deferred income taxes 491 440 Other long-term liabilities 1,867 2,174 Total liabilities 45,881 13,075 Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,782 at February 3, 2019 and 1,780 shares at January 28, 2018; outstanding: 1,105 shares at February 3, 2019 and 1,158 shares at January 28, 2018 89 89 Paid-in capital 10,578 10,192 Retained earnings 16,423 39,935 Accumulated other comprehensive loss (772) (566) Treasury stock, at cost, 677 shares at February 3, 2019 and 622 shares at January 28, 2018 58,196) (48,196) Total stockholders' (deficit) equity (1,878) Total liabilities and stockholders' equity 44,003 1,454 $ 44.529 See accompanying notes to consolidated financial statements