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Regarding SEC 10-k report from 2023 for Lowe's Companies: Reading the notes to the financial statements, as well as the balance sheet, post information about
Regarding SEC 10-k report from 2023 for Lowe's Companies:
- Reading the notes to the financial statements, as well as the balance sheet, post information about the accounts receivable for your company. who owes the company month? it is possible that your selected company does not report accounts receivable as a separate line items because the company does not generally sell on credit terms.
- Search the phrase Bad Debts or allowances (for collectible accounts). When you read the balance sheet, you may see that the receivables are listed as a new of $X,XXX to show the aAllowance for Bad Debts. Comment about the changes in Accounts REceivable and the Allowance for Bad Debts. Are they increasing or decreasing? How does this relate to sales (are sales increasing or decreasing)?
- Property, Plants, and Equipment / PPE (Capital Assets; Fixed Assets): Comment about PPE and ccumulated depreciation. How are these values changing from year to year: PPE, Accumulated Depreciation, and New PPE?
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