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book Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac cover

Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 14الرقم المعياري الدولي: 978-1305653535
book Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac cover

Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 14الرقم المعياري الدولي: 978-1305653535
تمرين 47
Home Depot: Ratio of liabilities to stockholders' equity
The Home Depot, Inc. , is the world's largest home improvement retailer and one of the largest retailers in the United States based on sales volume. Home Depot operates over 2,200 stores that sell a wide assortment of building, home improvement, and lawn and garden items.
Home Depot recently reported the following end-of-year balance sheet data (in millions):
Home Depot: Ratio of liabilities to stockholders' equity  The Home Depot, Inc. , is the world's largest home improvement retailer and one of the largest retailers in the United States based on sales volume. Home Depot operates over 2,200 stores that sell a wide assortment of building, home improvement, and lawn and garden items. Home Depot recently reported the following end-of-year balance sheet data (in millions):     A. Determine the total liabilities at the end of Years 1, 2, and 3. B. Compute the ratio of liabilities to stockholders' equity for all three years. (Round to two decimal places.)  C. What conclusions regarding the margin of protection to creditors can you draw from the trend in this ratio for the three years?
A. Determine the total liabilities at the end of Years 1, 2, and 3.
B. Compute the ratio of liabilities to stockholders' equity for all three years. (Round to two decimal places.)
C. What conclusions regarding the margin of protection to creditors can you draw from the trend in this ratio for the three years?
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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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