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4. How much cash (in millions) does Lowe's have on January 31, 2020? $511 $716 $160 $218 Answer the following questions by referring to the
4. How much cash (in millions) does Lowe's have on January 31, 2020? $511 $716 $160 $218 Answer the following questions by referring to the financial statements of Lowe's Companies, Incorporated, in Appendix B at the end of this book. (Note: Fiscal 2019 for Lowe's runs from February 2, 2019, to January 31, 2020. As with many retail companies, Lowe's labels the period "Fiscal 2019" even though it ends in the 2020 calendar year because it includes 11 months of the 2019 calendar year.) Required: 1. What amount of net income was reported (in millions) for the year ended January 31, 2020? O $4,281 O $2,314 O $3,447 O $72,148 Teet xt 2. What amount of sales revenue (in millions) was earned for the year ended January 31, 2020? O $68.619 O $4,281 O $6,314 O $72.148 3. What was the cost (in millions) of the company's inventory on January 31, 2020? O $12,561 O $49.205 O $13,179 O $48,401 4. How much cash (in millions) does Lowe's have on January 31, 2020? $511 $716 $160 $218 Answer the following questions by referring to the financial statements of Lowe's Companies, Incorporated, in Appendix B at the end of this book. (Note: Fiscal 2019 for Lowe's runs from February 2, 2019, to January 31, 2020. As with many retail companies, Lowe's labels the period "Fiscal 2019" even though it ends in the 2020 calendar year because it includes 11 months of the 2019 calendar year.) Required: 1. What amount of net income was reported (in millions) for the year ended January 31, 2020? O $4,281 O $2,314 O $3,447 O $72,148 Teet xt 2. What amount of sales revenue (in millions) was earned for the year ended January 31, 2020? O $68.619 O $4,281 O $6,314 O $72.148 3. What was the cost (in millions) of the company's inventory on January 31, 2020? O $12,561 O $49.205 O $13,179 O $48,401
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