CHAPTER 2 ASSIGMENT

Using the attached information from Lowe's 10K, please calculate the following ratios and address the related questions. For full credit, please show your work and calculations. This assignment may be turned in using Word or Excel, whichever you prefer.

What were Lowe's Net Profit Margins for 2021 and 2020? How do they compare with one another and what affected the margin? (Hint: Net earnings = Net Income)

What were Lowe's Current Ratios for 2021 and 2020? How do they compare with one another?

What is Lowe's Debt Ratio for 2021?

Lowe's current stock price is $223.03. Using the Basic earnings per common share price, what is the company's P/E Ratio? If Home Depot's P/E Ratio is 30xs, would Lowe's be overvalued or undervalued relative to its largest competitor?

How much in Dividends did Lowe's pay out to investors in 2021?

Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data)