Use the foregoing financial statements of Lowe's Companies, plus the following items (in billions): 1. Compute earnings

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Use the foregoing financial statements of Lowe's Companies, plus the following items (in billions):

1. Compute earnings per share (EPS) for Lowe's. Round to the nearest cent.

2. Compute Lowe's price/earnings ratio. The price of a share of Lowe's stock is $66.50.

Lowe's Companies, the home-improvement-store chain, reported these summarized figures (in billions):

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 13, 2024 06:00 AM

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Use the foregoing financial statements of Lowe's Companies, plus the following items (in billions): 1. Compute earnings

Question:

Number of shares of common stock outstanding. 0.8

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Accounting

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