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Lowe's Companies Inc, (LOW) and its subsidiaries operate as a home improvement retailer in te United States and Canada. As of February 1, 2008, it
Lowe's Companies Inc, (LOW) and its subsidiaries operate as a home improvement retailer in te United States and Canada. As of February 1, 2008, it operated 1,534 stores in 50 states and Canada. The company balance sheet for February 1, 2008, inclused the following sources of financing: a. Calculate the values of Lowe's debt ratio and interest-bearing debt ratio. b. If the market value of Lowe's common equity is $35.86 billion and Lowe's has no excess cash, what is the firm's debt-to-enterprise-value ratio? Lowe's debt ration is what %
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