Our mission is to give people the power to share and make the world more open and connected Our top priority in to budid weful and engaging products that enable people to connect and share through mobile devices, personal computers, and other surfaces. We also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public at large, and stay connected everywhere by accessing our products, Facebook, Inc. Revenue Operating earnings 2016 2015 $27.638 $17,928 12,427 6.225 Description of business for Lowe's Companies, Inc. Lowe's Companies. Ime, and subsidiaries (the Company or Lowe's) e a Fortune 50 company and the world's second larger hone longrowerment retailer. As of February 3, 2017 Lowe's operated 2.129 home improvement and hardware stores, represents approximately 213 million square feet of retail selling space. These operations were comprised of 1.520 stores located across 50 US states, including 37 Orchiant Supply Hardware (Orchard) stores, as well as 299 stores in Canada, and 10 stores in Mexico Pree Lowe's, Inc 2016 2015 Revenue Operating comings $65.017 $59.074 5,846 4.971 Required a. Determine which company appears to have the higher operating leverage b. Write a paragraph or two explaining why the company you identified in Requirement e might be expected to be the heroperti leverage c. If revenues for both companies increased by 5 percent which company do you think would likely expence the greater percentage increase in operating earnings? Explain your answer ATC 11-2 Group Assignment Operating levere a 60646807e2c01c68725092F42F2%5Bdata-uuid-21404413b29a45f099716954 153413 IIII. Our mission is to give people the power to share and make the world more open and connected. Our top priority is to build useful and engaging products that enable people to connect and share through mobile devices, personal computers, and other surfaces. We also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the publie at large, and stay connected everywhere by accessing our products. Facebook, Inc. Revenue Operating earings 2016 2015 $27,638 $17.929 17427 6,225 Description of business for Lowe's Companies, Inc. Low Companies, Inc. and subeldiariet (the Company or Lowe) ti a Fortune 50 company and the world scored farget home improve retaller As of February 3, 2017, Lowes operated 2.129 home improvement and hardware stores, representing approximaw213 million square feet of toil selling space. These operations were comprised of 1.820 stores located across 50 US som melding 37 Orchard Supy Hardware (Orchard) stores, as well as 299 store in Canada, and 10 stores to Mexico P3 Lowe's, in Reven Operating coming 2016 2015 $68,017 $55.074 5.840 4071 Required a. Determine which company appears to be the higher operating leverage b. Write a paragraph or two explaining why the company you identified in Requirement might be expected to be the higher operating leverage c. If revenues for both companies increased by 5 percent, which company do you think would likely experience therapeco increase in operating earnings? Explain your we Our mission is to give people the power to share and make the world more open and connected Our top priority in to budid weful and engaging products that enable people to connect and share through mobile devices, personal computers, and other surfaces. We also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public at large, and stay connected everywhere by accessing our products, Facebook, Inc. Revenue Operating earnings 2016 2015 $27.638 $17,928 12,427 6.225 Description of business for Lowe's Companies, Inc. Lowe's Companies. Ime, and subsidiaries (the Company or Lowe's) e a Fortune 50 company and the world's second larger hone longrowerment retailer. As of February 3, 2017 Lowe's operated 2.129 home improvement and hardware stores, represents approximately 213 million square feet of retail selling space. These operations were comprised of 1.520 stores located across 50 US states, including 37 Orchiant Supply Hardware (Orchard) stores, as well as 299 stores in Canada, and 10 stores in Mexico Pree Lowe's, Inc 2016 2015 Revenue Operating comings $65.017 $59.074 5,846 4.971 Required a. Determine which company appears to have the higher operating leverage b. Write a paragraph or two explaining why the company you identified in Requirement e might be expected to be the heroperti leverage c. If revenues for both companies increased by 5 percent which company do you think would likely expence the greater percentage increase in operating earnings? Explain your answer ATC 11-2 Group Assignment Operating levere a 60646807e2c01c68725092F42F2%5Bdata-uuid-21404413b29a45f099716954 153413 IIII. Our mission is to give people the power to share and make the world more open and connected. Our top priority is to build useful and engaging products that enable people to connect and share through mobile devices, personal computers, and other surfaces. We also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the publie at large, and stay connected everywhere by accessing our products. Facebook, Inc. Revenue Operating earings 2016 2015 $27,638 $17.929 17427 6,225 Description of business for Lowe's Companies, Inc. Low Companies, Inc. and subeldiariet (the Company or Lowe) ti a Fortune 50 company and the world scored farget home improve retaller As of February 3, 2017, Lowes operated 2.129 home improvement and hardware stores, representing approximaw213 million square feet of toil selling space. These operations were comprised of 1.820 stores located across 50 US som melding 37 Orchard Supy Hardware (Orchard) stores, as well as 299 store in Canada, and 10 stores to Mexico P3 Lowe's, in Reven Operating coming 2016 2015 $68,017 $55.074 5.840 4071 Required a. Determine which company appears to be the higher operating leverage b. Write a paragraph or two explaining why the company you identified in Requirement might be expected to be the higher operating leverage c. If revenues for both companies increased by 5 percent, which company do you think would likely experience therapeco increase in operating earnings? Explain your we