Question
In a recent year's financial statements, Home Depot reported the following: Total liabilities = $38,633 million and Total assets = $42,966 million. Compute Home Depot's
In a recent year's financial statements, Home Depot reported the following: Total liabilities = $38,633 million and Total assets = $42,966 million. Compute Home Depot's debt ratio (assume competitors average a 60.0% debt ratio). (Round your answer to one decimal place.
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen
8th edition
1259917061, 978-1259917066
