ctoring Enabled: Chapter 4 Required Homework (G... i The Home Depot is the largest home improvement retailer in the United States. Home Depot financial statements for 2024 are shown below (in thousands): 2024 Income Statement Net sales Cost of goods sold Gross profit Operating expenses Interest expense Income tax expense Net income Assets Cash $ 10,000 (6,550) 3,450 (2,350) (300) (320) $ 480 Bonds payable Common stock Retained earnings Comparative Balance Sheets Accounts receivable Inventory Property, plant, and equipment (net). Liabilities and Shareholders' Equity Current liabilities December 31 2024 Saved $ 700 700 900 3,000 $ 5,300 $ 1,700 1,900 700 1,000 $ 5,300 2023 $ 600 500 700 3,100 $ 4,900 $ 1,450 1,900 700 850 $ 4,900 Help Required: Calculate Home Depot ratios for 2024. Note: Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. ✩ Save
ctoring Enabled: Chapter 4 Required Homework (G... i The Home Depot is the largest home improvement retailer in the United States. Home Depot financial statements for 2024 are shown below (in thousands): 2024 Income Statement Net sales Cost of goods sold Gross profit Operating expenses Interest expense Income tax expense Net income Assets Cash $ 10,000 (6,550) 3,450 (2,350) (300) (320) $ 480 Bonds payable Common stock Retained earnings Comparative Balance Sheets Accounts receivable Inventory Property, plant, and equipment (net). Liabilities and Shareholders' Equity Current liabilities December 31 2024 Saved $ 700 700 900 3,000 $ 5,300 $ 1,700 1,900 700 1,000 $ 5,300 2023 $ 600 500 700 3,100 $ 4,900 $ 1,450 1,900 700 850 $ 4,900 Help Required: Calculate Home Depot ratios for 2024. Note: Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. ✩ Save
Chapter1: Financial Statements And Business Decisions
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