Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How do you calculate ratios on an annual statement and show if there is an increase or loss? I need to find the following on

How do you calculate ratios on an annual statement and show if there is an increase or loss?

I need to find the following on this annual report from Lowes Financial ratios (at least one profitability, leverage, liquidity, and efficiency) o At least one efficiency ratio to support whether the organization is running efficiently o At least one profitability ratio to support how profitable the organization is o At least one leverage ratio to support whether the company is sustainable o At least one liquidity ratio to support whether the company is able to pay its bills )

image text in transcribed

image text in transcribed

ity)

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data Lowe's Companies, Inc. Consolidated Statements of Comprehensive Income Lowe's Companies, Inc. Consolidated Statements of Comprehensive Income (In millions, except percentage data) Consolidated Balance Sheets (In millions excent nar value) Long-term debt, excluding current maturities Shareholders' (deficit)/equity: Preferred stock - $5 par value: Authorized - 5.0 million shares; Issued and outstanding - none Common stock - $0.50 par value: Authorized 5.6 billion shares; Issued and outstanding 670 million and 731 million, respectively Capital in excess of par value (Accumulated deficit)/retained earnings Accumulated other comprehensive loss Total shareholders' (deficit)/equity Total liabilities and shareholders (deficit)/equity See accompanying notes to consolidated financial statements

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

Financial Management Principles And Practices

Authors: Timothy J. Gallagher

9th Edition

1954156103, 978-1954156104

More Books

Students also viewed these Finance questions

Question

explain the need for human resource strategies in organisations

Answered: 1 week ago

Question

describe the stages involved in human resource planning

Answered: 1 week ago