Match the following and select the correct answer from the drop-down list.

Refer to Lowes Companies, Inc. Annual Report in your Textbook (Appendix B, B1-B15), to answer the following ratios:

• Current Ratio in Fiscal Years 2019 and 2018
• Debt Ratio in Fiscal Year 2019
• Inventory Days or Days to Sell in Fiscal Year 2019

Measures the ability of the company to pay its short-term debts	Answer 1Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Evaluates the combination of debt and/or equity used by the company to fund its operations and finance its assets (Capital Structure)	Answer 2Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Current Ratio in Fiscal Year 2019	Answer 3Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Assess the ability of the company to use its resources in order to generate income.	Answer 4Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Inventory Days or Days to Sell in Fiscal Year 2019	Answer 5Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Average number of days for the company to pay its obligation	Answer 6Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Current Ratio in Fiscal Year 2018	Answer 7Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Average number of days for the company to collect after a sale has been made	Answer 8Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Debt Ratio in Fiscal 2019 express as percentage	Answer 9Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)
Average number of days for the company to sell its inventory	Answer 10Choose...Net Profit MarginCurrent RatioPayable Days (Days to Pay)5.9%Liquidity Ratio.98:13.8995%1.01:1Operational Efficiency Ratios3.8Debt RatioSolvency RatioReceivable Day (Days to Collect)96 daysInventory Days (Days to Sell)