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only need help on the first question - What does the financial statement and analysis completed in this module tell you about Lowes? Include four
only need help on the first question
- What does the financial statement and analysis completed in this module tell you about Lowes? Include four elements from company analysis. - What did you find interesting as you review ratios computed for Lowes. Include two of more ratios. - Locate other information to provide additional observations about Lowes performance in our current business economy and their industry? Look at Lowes and do online search for information about the company, industry and its prospects? Lowes Companies Inc Consolidated Statements of Earnings - USD (\$) \$ in Millions Jan. 28, 2022 Jan. 29,2021 Jan. 31,2020 Current Earnings Net sales Cost of sales Gross margin Expenses: Selling, general and administrative Depreciation and amortization Operating income Interest - net Loss on extinguishment of debt Pre-tax earnings Income tax provision Net earnings 5 Basic earnings per common share (in dollars per Diluted earnings per common share (in dollars per Current Earnings (Percentages) Net sales Cost of sales Gross margin Expenses (Percentages) Selling, general and administrative Depreciation and amortization Operating income Interest - net Loss on extinguishment of debt. Pre-tax earnings Income tax provision Net earnings $96,25064,19432,05618,3011,66212,093885011,2082,766$8,442$12.07$12.04$89,59760,02529,57218,5261,3999,6478481,0607,7391,904$5,835$7.77$7.75$72,14849,20522,94315,3671,2626,31469105,6231,342$4,281$5.49$5.49 100.00%66.70%33.30%19.01%1.73%12.56%0.92%0.00%11.64%2.87%8.77%100.00%66.99%33.01%20.68%1.56%10.77%0.95%1.18%8.64%2.13%6.51%100.00%68.20%31.80%21.30%1.75%8.75%0.96%0.00%7.79%1.86%5.93% Lowes Companies Inc Consolidated Balance Sheets - USD (\$) \$ in Millions Jan. 28, 2022 Jan. 29, 2021 Current assets: Cash and cash equivalents Short-term investments Merchandise inventory - net Other current assets Total current assets Property, less accumulated depreciation Operating lease right-of-use assets Long-term investments Deferred income taxes - net Other assets Total assets Current liabilities: Current maturities of long-term debt Current operating lease liabilities Accounts payable Accrued compensation and employee benefits Deferred revenue Other current liabilities Total current liabilities Long-term debt, excluding current maturities Noncurrent operating lease liabilities. Deferred revenue - Lowe's protection plans Other liabilities Total liabilities Commitments and contingencies Shareholders' (deficit)/equity: Preferred stock - $5 par value: Authorized - 5.0 million shares; lssued Common stock 50.50 par value: Authorized 5.6 billion shares; $1,133271$4,690506 Issued and outstanding 670 million and 731 million, respectively Capital in excess of par value (Accumulared deficit)/retained earnings Accumulated other comprehensive loss 17,6051,05120,06019,0714,1081991641,03844,64016,19393722,32619,1553,83220034088246,735 Total shareholders' (deficit)/equity Total liabilities and shareholders' (deficit)/equity Consolidated Statements of Cash Flows - USD (\$) Sin Millions Jan. 28, 2022 Jan.29,2021 Jan. 31, 2020 Cash flows from operating activities: Net earnings Adjustments to reconcile net earnings to net cash Depreciation and amortization Noncash lease expense Deferred income taxes Loss on property and other assets - net Loss on extinguishment of debt Share-based payment expense Changes in operating assets and liabilities: Merchandise inventory - net Other operating assets Accounts payable Deferred revenue Other operating liabilities Net cash provided by operating activities Cash flows from investing activities: Purchases of investments Proceeds from sale/maturity of investments Capital expenditures Proceeds from sale of property and other long.term Other - net Net cash used in investing activities Cash flows from financing activities: Net change in commercial paper Net proceeds from issuance of debt Repayment of debt Proceeds from issuance of common stock under share. Cash dividend payments. Repurchases of common stock $8,442$5,835$4,281 Other - net Net cash used in financing activities Effect of exchange rate changes on cash Net (decrease)/increase in cash and cash equivalents, 1,8825171353402301,594479(108)1391,0601551,410468177117098 including cash classified within curtent assets held for Less: Net decrease in cash classified within current Not (decrease)/increase in cash and cash equivalents Cash and cash equivalents, bekinning of vear (1,413)(23)466413(570)10,113(2,967)3263,21151281311,049(600)(369)(637)(15)(639)4,296 (3,065)3,293(1,853)113(134)(1,646)(3,094)2,926(1,791)90(25)(1,894)(743)695(1,484)1630(1,369) Step by Step Solution
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