Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help plz Lone's Cempanies, Ine. Consolidated Balance Sthets (It mitlicen, excepl pat value) Janwary 28,2022 January 29,2021 Liabilities and shareholders' (deficitliequity Current liabilities: Commitments and

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
help plz
Lone's Cempanies, Ine. Consolidated Balance Sthets (It mitlicen, excepl pat value) Janwary 28,2022 January 29,2021 Liabilities and shareholders' (deficitliequity Current liabilities: Commitments and contingevctes Shareholders' (deficit) equity: Preferred stock -55 par value; Auhorised -5.0 million sharts: Issued and outstanding - nose Cortmoa stock - $0.50 par value Autharized - 5,6 bilion shares; Issued and outstanding -670 million and 731 million, respectively Capital in exeess of par value (Accurmulafed deficit) retained camings Accumalated other cemprehensive loss Total shareholders' (deficit)/equity Total Labidities and shareholders" (deficievequity Set accompanying nores to consolidard financiat stancments. 39 Lowe's Companies, Inc. Consolidated Statemeats of Earnings (tn millions, execpt per share and percentage data Lowe's Companies, Inc. Consolidated Statements of Comprehensive Income (In millions, except percentage data) Dowe's Companies, Inc. Consolidated Statemeats of Shareholderst (Deficit) Fquiry Lowe's - Fiscal 2021 PQ: 6 DuPont Analysis - Return on Assets Apply DuPent Analysis and the Return on Assets % to evaluate Lowe's cveral inancla pertomance Use the informution in Lowe's income Statement and folance Sheets for Fiecal 2021 and Fiscal 2090 to calculate the four DuPont Rasise and the Return on Assets %. in the iefihand column enber the names of the francids statement items that will be used in the fumerator and the denominator of the rasos: Enter the financial statement dollar amounts jast as they are shown on the frumeial atakements Round at averages to 0 decimal places m a whole number 5 racmex. Round the persentages to 2 cesimal places. Reund the decimal result is 2 decimtal places. x,x Note: Since each ratia is being tounded, is is poseble that Return co Equity of will net exactly equal (Proftablity x Efficiency x Leverage). Calculate each ratio separately. Do neg calsulate Retum on Equity % by multiplying (Proftabaity x Effisiency x Leverage)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Cost Accounting

Authors: J.K. Mitra

1st Edition

8122425941, 978-8122425949

More Books

Students also viewed these Accounting questions

Question

2. Be sure to make eye contact with the students.

Answered: 1 week ago