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Home Depot, Inc. disclosed the following financial data for the year ending January 31, 2023: Total Assets: $300 billion Total Liabilities: $100 billion Shareholders' Equity:
- Home Depot, Inc. disclosed the following financial data for the year ending January 31, 2023:
- Total Assets: $300 billion
- Total Liabilities: $100 billion
- Shareholders' Equity: $200 billion
a) Calculate the debt-to-equity ratio. b) Determine the return on assets (ROA), assuming the net income for the year is $30 billion. c) Compute the return on equity (ROE), assuming the net income for the year is $30 billion.
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