To answer the following questions, use the financial statements for Home Depot, Incorporated, in Appendix A$.$

Required:

a$-1.$ Compute the company's current ratio and quick ratio for the most recent year reported.

a$-2.$ Do these ratios provide support that Home Depot is able to repay its current liabilities as they come due?

b$-1.$ Compute the company's debt ratio.

b$-2.$ Does Home Depot appear to have excessive debt?

c$.$ Does Home Depot's cash flow from operating activities appear adequate to cover its current liabilities as they come due?

Complete this question by entering your answers in the tabs below.

Req A$1$

Req B$1$

Compute the company's current ratio and quick ratio for the most recent year reported.

Note: Round your answers to $2$ decimal places.