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obtain financial statements from Lowes the warehouse and answer the following questions Obtain the four basic financial statements from a corporation. Be sure your companies

obtain financial statements from Lowes the warehouse and answer the following questions image text in transcribed

Obtain the four basic financial statements from a corporation. Be sure your companies have detailed financial statements- not just Current Assets. For example, Cash, Receivables, and Inventory 2. Horizontal Analysis: Enter the current and prior year account balances from the annual report. Determine the dollar and percentage net change over the two years. (See Class Files in TEAMS) 3. Vertical Analysis: Prepare a common-size Balance Sheet and Income Statement for your company in an Excel Spreadsheet. All accounts are a percentage of Total Assets or Net Income.

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