Question
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 )
ity)
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
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