CengageNOWv2, 1 term Printed Access Card for Warren's Survey of Accounting, 8th
8th Edition
ISBN: 9781305961982
Author: Carl Warren
Publisher: Cengage Learning
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Chapter 8, Problem 8.9.6MBA
To determine
Concept Introduction:
Price Earnings Ratio:
The price earnings ratio shows the relationship between price of the share and earnings per share. It is calculated with the help of following formula:
To Indicate:
The Comment on the Price Earnings ratios
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Debt and price-earnings ratios
The Home Depot, Inc. (HD) operates over 2,200 home improvement retail stores and is a competitor of Lowe's (LOW). The following data (in millions) were adapted from recent financial statements of The Home Depot.
Year 2
Year 1
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$39,946
$40,518
Total liabilities
30,624
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12,522
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Year 1
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__________ %
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Year 1
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__________ %
__________ %
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Chapter 8 Solutions
CengageNOWv2, 1 term Printed Access Card for Warren's Survey of Accounting, 8th
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