Compute ROE Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Total assets $43,179 $40,576 Total liabilities 36,413 30,804 Sales 89,599 Net income 7,013
Compute ROE Selected balance sheet and income statement information for Home Depot follows. $ millions Jan. 31, 2016 Feb. 01, 2015 Total assets $43,179 $40,576 Total liabilities 36,413 30,804 Sales 89,599 Net income 7,013
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Compute ROE
Selected
$ millions | Jan. 31, 2016 | Feb. 01, 2015 |
---|---|---|
Total assets | $43,179 | $40,576 |
Total liabilities | 36,413 | 30,804 |
Sales | 89,599 | |
Net income | 7,013 |
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