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Using 2018 financial statements Compute the following ratios for Home Depot and Lowes: a. Working capital b. Current ratio c. Acid test ratio d. Cash

Using 2018 financial statements

Compute the following ratios for Home Depot and Lowes: a. Working capital b. Current ratio c. Acid test ratio d. Cash flow from operations to current liabilities e. Accounts receivable turnover ratio (should have computed in week 3). f. Days in receivables g. Inventory turnover ratio (should have computed in week 3.). h. Average days in inventory Assess the relative working capital position of Home Depot and Lowes.

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