Hello, Based on the following document: https:// need to answer the following questions:
1. Determine the current and quick ratios for 2015 and 2014 and briefly comment on the changes between these two years. How do the changes in HD’s current and quick ratios between 2014 and 2015 reflect changes in HD’s liquidity position and, other things equal, shareholder value (i.e., HD’s stock price)?
Note: Use the figures for total current assets, total current liabilities, and merchandise inventories as needed for these ratios.
2. Determine days sales outstanding (DSO) for 2015 and 2014 and briefly comment on the changes between these two years. More specifically, how do the changes in HD’s DSO figures between 2014 and 2015 reflect changes in HD’s collection experience and, other things equal, shareholder value (i.e., HD’s stock price)?
