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https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/phillips_7e/Phillips7e_AppA.pdf S2.1 (Static) Finding and Analyzing Financial Information [LO 2-1, LO 2-4, LO 2-5] Refer to the financiai scatements of The Hone Depot in Apgenduat
https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/phillips_7e/Phillips7e_AppA.pdf
S2.1 (Static) Finding and Analyzing Financial Information [LO 2-1, LO 2-4, LO 2-5] Refer to the financiai scatements of The Hone Depot in Apgenduat Wote. Fical 2019 for The Hone Bepot runs from February 4. 2019, to february 22020 As wath many reual compan es. Foe Home Depot labels the perod ' Fscal 2019 even though it ends in we 2020 calendar yeer Tre label 'Fiscol 2019 ' in obprophinte bechuse fiscal 2019 includes ft monthe from the 2019 ca'ondar yeor. The. Home Depot explains is choice of fiscoi pened in Note I to its finsenciai statements) Required: 1. Whot were the yeacend dotes for the 'Fiscal 2019 ". and "Fiscal 2018 ' periods? Option A Opvon B Option C Option D 2. Which of the following are the omounts in the compsny's occounting equation AA=L - SE) for the 2019 fiscol yeser-end? $51.236=554,352+$3.3164$54.352=551.2363.76$110.225=$72.553+537372$14.715=$3.473+511,242 3. What is the company's current ratio of Febristy 2.2020 ? 4. What does the componys ruerent ieto in requeememt 3 nul cote? The company hos nore then one doller of cuevent assets for every da bar of curient fablities due n the neat year. The compery hosiess then ore dallor of current essets for every dosor of cunent labulites due in the next year Less thon haif of the companyl ascets we cument. Vess than half of the comosings lisbiaties see current. S2.1 (Static) Finding and Analyzing Financial Information [LO 2-1, LO 2-4, LO 2-5] Refer to the financiai scatements of The Hone Depot in Apgenduat Wote. Fical 2019 for The Hone Bepot runs from February 4. 2019, to february 22020 As wath many reual compan es. Foe Home Depot labels the perod ' Fscal 2019 even though it ends in we 2020 calendar yeer Tre label 'Fiscol 2019 ' in obprophinte bechuse fiscal 2019 includes ft monthe from the 2019 ca'ondar yeor. The. Home Depot explains is choice of fiscoi pened in Note I to its finsenciai statements) Required: 1. Whot were the yeacend dotes for the 'Fiscal 2019 ". and "Fiscal 2018 ' periods? Option A Opvon B Option C Option D 2. Which of the following are the omounts in the compsny's occounting equation AA=L - SE) for the 2019 fiscol yeser-end? $51.236=554,352+$3.3164$54.352=551.2363.76$110.225=$72.553+537372$14.715=$3.473+511,242 3. What is the company's current ratio of Febristy 2.2020 ? 4. What does the componys ruerent ieto in requeememt 3 nul cote? The company hos nore then one doller of cuevent assets for every da bar of curient fablities due n the neat year. The compery hosiess then ore dallor of current essets for every dosor of cunent labulites due in the next year Less thon haif of the companyl ascets we cument. Vess than half of the comosings lisbiaties see current Step by Step Solution
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