Question $11(3$ points$)$

What percentage did Lowe's Income from Operations increase or decrease from year ended February $1,2019$ to January $31,2020($round $2$ decimal places$)?$

A

View hint for Question $11$

Question $12(3$ points$)$

Assuming that "Cost of Sales" is the only variable cost, what is Lowe's Gross Margin and Gross Margin Ratio for January $31,2020($round GM ratio to $2$ decimal places$)?$

Blank $1$ should be $$.$

Blank $2$ State as a percentage and round $2$ decimal places. e$.$g$.1234$ will be $12\mathrm{.}34\%$

Blank # $1$

A

Blank # $2$

A

Question $13(3$ points$)$

Assuming that "Cost of Sales" is the only variable cost, Net income is $$4,281,$ and using the formula Revenue$-$ Cost of Revenue $-$ Fixed Costs $=$ Net Income, what is Lowe's total fixed costs for fiscal year ended January $31,2020?$