Determine the total liabilities at the end of years 2 and 1

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Reference no: EM131181052

The Home Depot recently reported the following A list of the assets, liabilities, and stockholders' equity as of a specific date, usually at the close of the last day of a month or a year.balance sheet data (in millions):

	Year 2	Year 1
Total assets	$40,518	$40,125
Total stockholders' equity	22,620	21,236

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

Year 2	$ million
Year 1	$ million

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

Reference no: EM131181052

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