Accounting Question

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I’m trying to study for my Accounting course and I need some help to understand this question.

I need steps! (Show me how to get the answer)

Assignment Instructions:

  • Develop RATIOS for Home Depot using their Balance Sheet and their Income Statement for 2012 in the Excel workbook

2-GC1030 – IHW 2a – Home Depot -2012 IS and BS for Ratio Aalysis.xlsx

  • Use the formulae given on slides 7, 9, and 12-13 to calculate the ratios for:
  • The homework will be graded based on the 16 ratios
  • You have options for how you your work:
    • You can do the calculations by hand, you do not need to type them, and provided that you do them in pencil and that they are clean, neat, and legible.
    • You can also type them up, but this totally you up to you.
    • In either case, you need to put a circle or box around your answers.
    • Note:Simply providing an Excel sheet with your calculations will not be acceptable
  • Finally, summarize your answers by filling in the boxes cells on the

3-GC1030 – IHW 2a – Home Depot – 2012 IS and BS for Ratio Analysis – Answer Template.doc

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