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S1-2 Comparing Financial Information LO 1-10 LO 1-2 @ LO 1-39 Page 43 Refer to the financial statements of The Home Depot in Appendix A

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S1-2 Comparing Financial Information LO 1-10 LO 1-2 @ LO 1-39 Page 43 Refer to the financial statements of The Home Depot in Appendix A and Lowe's in Appendix B at the end of this book. (Note: Fiscal 2106 for The Home Depot runs from February 1, 2016, to January 29, 2017. Fiscal 2016 for Lowe's runs from January 30, 2016, to February 3, 2017. See S1-1 for further explanation of these fiscal periods.) 4. Did Lowe's have more or less) cash than The Home Depot at the end of Fiscal 2016? 5. What reasons do The Home Depot and Lowe's give for choosing such odd dates to end their fiscal years? 6. How many weeks are included in Fiscal 2016" for The Home Depot versus Lowe's? If the companies were identical in all other respects, which company would you expect to report a larger amount of sales revenue? S1-2 Comparing Financial Information LO 1-10 LO 1-2 @ LO 1-39 Page 43 Refer to the financial statements of The Home Depot in Appendix A and Lowe's in Appendix B at the end of this book. (Note: Fiscal 2106 for The Home Depot runs from February 1, 2016, to January 29, 2017. Fiscal 2016 for Lowe's runs from January 30, 2016, to February 3, 2017. See S1-1 for further explanation of these fiscal periods.) 4. Did Lowe's have more or less) cash than The Home Depot at the end of Fiscal 2016? 5. What reasons do The Home Depot and Lowe's give for choosing such odd dates to end their fiscal years? 6. How many weeks are included in Fiscal 2016" for The Home Depot versus Lowe's? If the companies were identical in all other respects, which company would you expect to report a larger amount of sales revenue

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