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Refer to the financial statements of The Home Depot in Appendix A . at the end of this book. ( Note: Fiscal 2 0 1
Refer to the financial statements of The Home Depot in Appendix A at the end of this book. Note: Fiscal for The Home Depot runs from February to February As with many retail companies, The Home Depot labels the period Fiscal even though it ends in the calendar year. The label Fiscal is appropriate because Fiscal includes months from the calendar year. The Home Depot explains its choice of fiscal period in Note to its financial statements. Required: Calculate and express as a percentage the companys debttoassets ratio using amounts reported in its financial statements for the years ended February and February respectively. multiple choice and percent and percent and percent and percent Using the companys interest expense, calculate the times interest earned ratio to two decimal places for the year ended February multiple choice
Refer to the financial statements of The Home Depot in Appendix A at the end of this book. Note: Fiscal for The Home Depot runs from February to February As with many retail companies, The Home Depot labels the period Fiscal even though it ends in the calendar year. The label Fiscal is appropriate because Fiscal includes months from the calendar year. The Home Depot explains its choice of fiscal period in Note to its financial statements.
Required:
Calculate and express as a percentage the companys debttoassets ratio using amounts reported in its financial statements for the years ended February and February respectively.
multiple choice
and percent
and percent
and percent
and percent
Using the companys interest expense, calculate the times interest earned ratio to two decimal places for the year ended February
multiple choice
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