(Solution) - The Home Depot Inc reported the following data in its -(2025 Original AI-Free Solution)

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The Home Depot, Inc. reported the following data in its 2009 Annual Report (for the fiscal year ended January 31, 2010):
Number of employees at January 31, 2010.....................317,000
Percentage of employees employed full-time......................61%
Contributions to employees' retirement plans
during the year ended January 31,2010...................$161 million
Analyze:
1. Based on the data above, how many employees were employed full-time at January 31, 2010?
2. Assume only full-time employees receive contributions to their retirement plan. What was the average retirement plan contribution made by The Home Depot for full-time employees?