User Account

All Pages

Determine the ratio of liabilities to stockholders equity

Assignment Help Accounting Basics
Reference no: EM132874816

Problem - Ratio of liabilities to stockholders' equity - The Home Depot, Inc., is the world's largest home improvement retailer and one of the largest retailers in the United States based on net sales volume. The Home Depot operates over 2,000 Home Depot® stores that sell a wide assortment of building materials and home improvement and lawn and garden products.

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

 

Feb. 1, 2009

Feb. 3, 2008

Total assets

$41,164

$44,324

Total stockholders' equity

17,777

17,714

a. Determine the total liabilities as of February 1, 2009, and February 3, 2008.

b. Determine the ratio of liabilities to stockholders' equity for 2009 and 2008. Round to two decimal places.

c. What conclusions regarding the margin of protection to the creditors can you draw from (b)?

Reference no: EM132874816

Questions Cloud

Cultural change from health leader perspective : Outline issues related to globalization, power, followership, and cultural change from a health leader's perspective.
Explain the role of health education in health promotion : Health education is a role played, Explain the role of health education in health promotion. How is the nursing process used in developing health education?
Important role of hr managers : Briefly explain what do you see as the most important role of HR managers and why? Give relevant examples from the Pacific to explain your answer.
Operation capacity : You are considering opening a small doughnut shop in your hometown. Create a bill of materials to list those ingredients required to produce doughnuts.
Determine the ratio of liabilities to stockholders equity : Determine the ratio of liabilities to stockholders' equity for 2009 and 2008. Determine the total liabilities as of February 1, 2009, and February 3, 2008
Identify interdisciplinary health professionals important : Outline a proposal for health education that can be used in a family-centered health promotion to address the issue for the target population.
Examples of applying supply chain management : You and your fellow operations department teammates have been debating which companies are the best examples of applying supply chain management.
Analysis of behaviors of supply chain networks : Provide an analysis of the behaviors of supply chain networks and supply chain drivers in your memo.
Identifying abuse is the responsibility of every health care : Identifying abuse is the responsibility of every health care professional. Some common characteristics of suspected abuse include poor hygiene

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the volume necessary at each location

Determine the volume necessary at each location to realize $ 2,000,000 in profits, and which location is the most likely candidate.

  How do feel the accounting standards can be modified

Do you believe these statements are true, or do you think that they are too cynical and how do feel the accounting standards can be modified for our modern needs?

  What is Madison income tax basis

What is Madison's income tax basis in her new and existing stock in Badger Corporation, assuming the distribution is nontaxable

  Calculate the departmental overhead rate

Handy Display Company manufactures display cases to be sold to retail stores. Calculate the departmental overhead rate for each of the three departments listed

  What constitutes the components of a standard cost

Define a standard cost and explain what constitutes the components of a standard cost. Describe the advantages and disadvantages of a standard cost system

  Explain how the cost of capital is determined

The Genesis Energy operations management team was excited to understand the various options for securing financing to fund the rapid growth plans.

  Completion of accounting cycle

What are the steps in completing the accounting cycle? How do the different steps affect the financial statements?

  Explain rules of debits and credits as they relate to assets

Briefly explain the rules of debits and credits as they relate to assets, liabilities, equity, revenue, and expenses. Do debits always increase an account?

  What kind of evidence the auditors found

What kind of evidence the auditors found that indicated the company did not follow Generally Accepted Accounting Principles (GAAP).

  What are the four methods commonly used to identify the

1. what are the four methods commonly used to identify the fixed and variable elements of a mixed cost?2. identify the

  What is accounting

Why or why not? Should Krystal accept this advice? What is accounting? What are ethics? How do accounting and ethics relate?

  Net income cash-basis accounting-accrual-basis accounting

Compute Karen's net income for 2009 using cash-basis accounting. Compute Karen's net income for 2009 using accrual-basis accounting. Why is accrual-basis accounting normally used?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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