The following excerpt was taken from The Home Depot, Inc 2012 Annual Report (for the fiscal year ended February 3, 2013) The Balance Sheet to the Consolidated Financial Statements contained the following details on the company 's current and long term debt Analyze 1 What percentage of total debt is...

The following excerpt was taken from The Home Depot, Inc. 2012 Annual Report (for the fiscal year

Question:

The following excerpt was taken from The Home Depot, Inc. 2012 Annual Report (for the fiscal year ended February 3, 2013). The to the Consolidated contained the following details on the company's current and long-term debt.

Analyze:
1. What percentage of total debt is represented by the current portion in 2013? In 2012?
2. What percentage of total debt is represented by the long-term portion in 2013? In 2012?
3. If interest payments totaled $632 in 2013, what average rate was paid on total debt? Use the end of year balance of liabilities for this computation.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...