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Ratio of Liabilities to Stockholders' Equity Lowe's Companies Inc., a major competitor of The Home Depot in the home improvement business, operates over 1,800 stores.
Ratio of Liabilities to Stockholders' Equity Lowe's Companies Inc., a major competitor of The Home Depot in the home improvement business, operates over 1,800 stores. Lowe's recently reported the following balance sheet data (in millions): Year 2 Year 1 Total assets $35,291 $34,408 Total Habilities 29,418 27,974 a. Determine the total stockholders' equity at the end of Years 2 and 1. Year 2: million Year 1: million
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