1.Complete and recommend a five-year Lowe's forecast to Galeotafiore by replicating Exhibit 7 and 8 for Lowe's. How would your forecast assumptions differ for Lowe's? Include the basis for your key assumptions.

Questions to keep in mind as you answer this question, but do not have to be included in the case write-up: 1. Is the forecast consistent with overall trends in the economy? Are expected inflation, macroeconomic growth, demographic trends, or sector forecasts such as housing starts consistent with the forecast? 2. Is the forecast consistent with overall trends in the industry? Are growth, margin, and productivity assumptions consistent with industry forces?