Part A. BALANCE SHEET ANALYSIS (LIQUIDITY AND SOLVENCY) Liquidity refers to the ability of a company to meet its short-term obligations. There are many different ways to measure liquidity. Here, you do the current ratio, which is current assets/current liabilities. Solvency refers to the ability of a company to meet its long-term obligations. Again, there are many different ways to measure this. I have you compu Compute this as total liabilities/total assets. Round all of the computations to 3 decimal places. -Show The Current Ratio as a decimal. (i.e. if your answer is .3465, round then format it as .347 (that is standard presentation.) -Show the Debt/Asset \% as a percentage. (i.e. if your answer is .3472, round then format it as 34.7 (OWL has the % sign, so do not enter that). FOR THESE PROBLEMS, DO NOT USE COMMAS IN YOUR NUMERIC ANSWERS Table of Contents THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS See accompanying notes to consolidated financial statements. 37