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Refer to the 10K for The Home Depot. Required: 1. What does the company report for the following accounts for the most current fiscal year:
Refer to the 10K for The Home Depot. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions. 2. The company projects the following for the next fiscal year: - Total assets will increase by 5%. - Total liabilities will increase by 6%. - Long-term debt and interest expense will increase by 7%. - Operating income will increase by $750 million. Provide the next year's forecasted balances for the above accounts. Round your answer to the nearest million. 3. Compute the forecasted debt to equity ratio for the next fiscal year. Round your answer to two decimal places. 4. Compute the forecasted debt to total assets ratio for the next fiscal year. Round your answer to two decimal places. 5. Compute the forecasted long-term debt to equity ratio for the next fiscal year. Round your answer to two decimal places. 6. Compute the forecasted times interest earned ratio (accrual basis) for the next fiscal year. Round your answer to two decimal places. times 7. Is the company in a position to make interest payments on its debt
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