Determine the ratio of liabilities to stockholders equity

Assignment Help Financial Accounting
Reference no: EM132478528

Ratio of liabilities to Stockholders' Equity

The Home Depot is the world's largest home improvement retailer and one of the largest retailers in the United States based on net cr4< volume. The Home Depot operates over 2,200 Home Depot's' stores that sell a wide assortment of building materials and home improvement and lawn and garden products.

The Home Depot recently reported the following balance sheet data (in millions):

                                                    Year 2                         Year 1
Total assets                          539,946                    40,518
Total stockholders' equity         9,322                    12,522

Question a. Determine the total liabilities at the end of Years 2 and Year 1

Question b. Determine the ratio of liabilities to stockholders' equity for Year 2 and Year 1. Round your answers to two decimal places.

Reference no: EM132478528

Questions Cloud

How to journalize the nsf check : How to journalize the NSF check $300 (from Jandesh's Hot Spot) in the general journal. (NSF is a check written to us the company)
What drug therapy would you prescribe : S.H., age 47, reports difficulty falling asleep and staying asleep. These problems have been ongoing for many years, but she has never mentioned them.
How would alpha companys general journal entries : How would Alpha Company's general journal entries to record the purchase and payment for inventory purchased from its Japanese vendor.
How advanced practice nurses engage in community activism : Examine how advanced practice nurses can engage in community activism to limit further negative health impacts from Big Tobacco in their respective health.
Determine the ratio of liabilities to stockholders equity : Determine the ratio of liabilities to stockholders' equity for Year 2 and Year 1. Determine the total liabilities at the end of Years 2 and Year 1
Discuss potential side-effects of having an organ transplant : Discuss both the potential side-effects of having an organ transplant and the long-term repercussions of being a living organ donor.
Discuss the indicators of child and adolescent health status : Identify and discuss the major indicators of child and adolescent health status. Describe and discuss the social determinants of child and adolescent health.
Prepare supply clubs journal entry to record july : Prepare Supply Club's journal entry to record July and August sales. During August, customers redeem loyalty points on $70,000 of merchandise
BSBMKG607 Manage Market research Assignment : BSBMKG607 Manage Market research Assignment help and solution, Choice Business College - assessment writing service - demonstrate the skills and knowledge

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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