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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372 Exercise 39
Computing Ratios
Compute the following ratios for The Home Depot's year ended January 30, 2011: fixed asset turnover, days to sell, and debt-to-assets. To calculate the ratios, use the financial statements of The Home Depot in Appendix A at the end of this book, or download them from the Cases section of the text's Web site at www.mhhe.com/phillips4e.
a. 2.69; 85; 0.53
b. 2.71; 85; 0.53
c. 2.69; 85; 1.12
d. 2.69; 87; 1.12
Compute the following ratios for The Home Depot's year ended January 30, 2011: fixed asset turnover, days to sell, and debt-to-assets. To calculate the ratios, use the financial statements of The Home Depot in Appendix A at the end of this book, or download them from the Cases section of the text's Web site at www.mhhe.com/phillips4e.
a. 2.69; 85; 0.53
b. 2.71; 85; 0.53
c. 2.69; 85; 1.12
d. 2.69; 87; 1.12
Explanation
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Calculate fixed assets turnove...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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