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QUESTION
Hello, I am taking accounting class I need some help about - Home Depot retailer company accounting annual report in January 2016- January 2017
Hello, I am taking accounting class I need some help about - Home Depot retailer company accounting annual report in January 2016- January 2017
- Compute the acid-test ratio. If the current liabilities came due immediately, could the company pay them?
- Compute the accounts receivable turnover at year end.
- Compute days sales in receivables at year end.
- Based on the acid-test ratio, accounts receivable turnover, and days sales in receivables, how does the company compare to the industry?
Thank you
