How has the home depots profitability changed

Assignment Help Financial Accounting
Reference no: EM13173923

Among the specific questions your presentation should address are the following:

1. Is The Home Depot's liquidity situation such that current liabilities can be easily paid? Why or why not?

2. Are the company's receivables "turning over" at a rate that should be pleasing to management? Why or why not? What actions might management consider taking to speed up collections?

3. Is the company's inventory turning over at a satisfactory rate? Why or why not? Does the company maintain an adequate level of inventory to meet customer demand? Might it be the case that the company maintains TOO HIGH a level of inventory? Why or why not?

4. Based on the composition of the company's CURRENT assets, what problems is the company likely to encounter if its inventories turn over at a much slower than expected rate?

5. How has The Home Depot's profitability changed over recent years? On what measures are you basing your response? If you were one of the company's corporate managers, would you be satisfied with the trend in gross profit? The trend in operating income? Why or why not?

Attachment:- Accounting-project.pdf

Reference no: EM13173923

Questions Cloud

The emergence in the asia/pacific region : A key year for them is 2015, when Southeast Asia's Open Sky Agreement comes into effect, allowing unlimited flights to all 10 ASEAN members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Determine the variance for each line of the profit : Determine the variance for each line of the profit and loss statement in both dollar terms and percentage terms
Effect of gdp on tax revenues : Fall proportionately more than the change in GDP, Fall proportionately less than the change in GDP, Rise proportionately more than the change in GDP
How are permanent codes different from temporary codes : How are permanent codes different from temporary  codes? What could be the result of a system without permanent codes? Provide  examples in your answer.
How has the home depots profitability changed : How has The Home Depot's profitability changed over recent years? On what measures are you basing your response? If you were one of the company's corporate managers, would you be satisfied with the trend in gross profit?
The antiacid selected for the analysis is know to contain : If the antiacid selected for the analysis is know to contain only milk of magnesia how could this procedure be midified
Calculate the mass of nitrogen dissolved at room temperature : Calculate the mass of nitrogen dissolved at room temperature in an 92.0L home aquarium. Assume a total pressure of 1.0 atm and a mole fraction for nitrogen of 0.78.
Explain aggregate supply-aggregate demand model : If there is a constitutional requirement to maintain a balanced budget, then during a recession when tax revenues are shrinking, the government will have to implement
Draw as well as label the flowchart : Draw and label the flowchart and show the degree of freedom analysis for the overall process, the split point, the treatment unit, and the mix point.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Should federal spending be drastically reduced

Should federal spending be drastically reduced? Yes or no? Post a substantive response to the question

  Determine depreciation for the month

A diesel powered tractor with a costof 215,000 and estimated residual value of 27,000 is expected to have a useful operating life of 80000 hours. During October the generator was operated 380 hours. Determine depreciation for the month.

  Compute accuracy-related and civil fraud penalties

Moose’s fraudulent action; the remainder was due to mere negligence. Compute accuracy-related and civil fraud penalties in this matter. Explain your answer, as necessary.

  Illustrate what adjusting entry would you need to make

Illustrate what adjusting entry would you need to make, assuming you decided to allow the maximum amount of revenues for 2009, using modified accrual accounting?

  Write a report to the owners detailing

Write a report to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.

  Illustrate what is the company total tax liability

Illustrate what is the company's total tax liability to both jurisdictions for each of the two alternative transfer pricing scenarios?

  Prepare fairbanks journal entries to record purchase

At year-end, Sherman stock was selling for $34.80 per share. Prepare Fairbanks journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment.

  What is difference between a settlement and a curtailment

Determine the current year's overhead application rate

  Describe alternatives that you as an accountant would have

show them as current expenses in total. In this way, the new product would appear to be only slightly profitable. Describe alternatives that you as an accountant would have in this situation. Indicate which alternative is best

  Illustrate what is the balance in notes payable

Analyze: Illustrate what is the balance in Notes Payable on December 31, 2010, assuming that all notes were paid when due?

  Elucidate the amount of this inventory

Based on the preceding information, will Jarman report finished goods inventory on its balance sheet for Contract 1? If so, elucidate the amount of this inventory? If not, explain why not.

  Prepare the balance sheet - mastering inventory

On December 3, HuCo purchases merchandise for $47,000 on account, F.O.B. destination. Freight charges are $800. On December 26, HuCo pays the vendor $14,000. On HuCo's December 31 balance sheet the accounts payable balance will be

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd