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Compute the following ratios for The Home Depot's year ended February 2, 2014: 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 Connect library.
a. 1.95; 50.4; 0.69
b. 1.93; 50.4; 0.69
c. 3.38; 77.3; 0.69
d. 3.32; 77.3; 0.69
Messier Inc. manufactures cycling equipment. Recently the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes. Explain Computation of Bond Liability
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