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Home Depot and Lowe's are the two largest home improvement retailers in the U.S. The following table shows the total revenue (in billions for each
Home Depot and Lowe's are the two largest home improvement retailers in the U.S. The following table shows the total revenue (in billions for each retailer for the years 2008-2010 Year 2008 2009 2010 Home Depot $27:35 71.29 66.18 $48.28 2N 47.22 SOURCE: Annual Reports of Home Depot, Inc., and Lowe's Companies Inc. 6. Calculate the growth rate for 2008-2009 and 2009-2010 for each retailer (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.) Home Depot Lowe's 2008-2009 2009-2010 b. Calculate the average growth rate for each retailer. (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round final answers to 3 decimal places.) Home Depot Lowe's Average growth rale
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