50.1K

Verified Solution

Link Copied!

Question 2: Utilizing The Home Depot, Inc. balance sheets and statements of earnings calculate the following ratios for the most recent fiscal year: - Current Ratio: Current Assets / Current Liabilities - Debt Ratio: Total Liabilities / Total Assets - Receivables Turnover: Net Sales / Average A/R, net - Inventory Turnover: Cost of Goods Sold (COGS) / Average Inventory - Gross Margin (\%): (Net Sales - Cost of Goods Sold) / Net Sales - Profit Margin (\%): Net Income / Net Sales - EBITDA Margin (\%): EBITDA / Net Sales - EBITDA (Earnings Before Interest Taxes Depreciation and Amortization): Net Income + Interest Expense + Income Tax Expense + Depreciation and Amortization THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS in millions, except per share data Assets Current assets: Cash and cash equivale Receivables, net Merchandise inventories Other current assets Total current assets Net property and ec Operating lease right- Goodwill Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: Short-term debt Accounts payable Accrued salaries and related expenses Sales taxes payable Deferred revenue Income taxes payable Current installments of long-term debt Current operating lease liabilities Other accrued expenses Total current liabilities Long-term operating lease liabilities Deferred income taxes Other long-term liabilities Total liabilities Common stock, par value \$0.05; authorized: 10,000 shares; issued: 1,789 shares at January 31, 2021 and 1,786 shares at February 2, 2020; outstanding: 1,077 shares at January 31, 2021 and February 2, 2020 Paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 712 shares at January 31, 2021 and 709 shares at February 2, 2020 Total liabilities and stockholders' equity TUE LANAE NERNT IAX

Answer & Explanation Solved by verified expert

See Answer