Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 23 Jul 2017 My Price 4.00

Home Depot

1. 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 5% return on assets).

Sales

$71,288 million

Net income

2,260 million

Average total assets

42,744 million

2. Indicate in which financial statement each item would most likely appear: income statement (I), balance sheet (B), statement of owner’s equity (OE), or statement of cash flows (CF).

a. Assets

b. Revenues

c. Liabilities

d. Equipment

e. Withdrawals

f. Expenses

g. Total liabilities and equity

h. Cash from operating activities

i. Net decrease (or increase) in cash

Answers

Maurice Tutor
(5)
Status NEW Posted 23 Jul 2017 10:07 PM My Price 4.00

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