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In a recent year''s financial statements, home depot reported

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In a recent year's financial statements, Home Depot reported the following results. Compute and interpret Home Depot's return on assets (assume competitors average a 8.0% return on assets).

Sales . . . . . . . . . . . . . . . . . . . . . . $67,997 million
Net income . . . . . . . . . . . . . . . . 3,338 million
Average total assets . . . . . . . . . . 40,501 million 

Reference no: EM13893876

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