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Shareholders' equity: 2020 2019 Preferred stock-$5 par value, none issued Common stock,$0.50 par value; Shares issued and outstanding January 31, 2020 763 February 1, 2019

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Shareholders' equity: 2020 2019 Preferred stock-$5 par value, none issued Common stock,$0.50 par value; Shares issued and outstanding January 31, 2020 763 February 1, 2019 801 381 401 Capital in excess of par value Retained earnings 1,727 3,452 Accumulated other comprehensive loss (136) (209) Total shareholders' equity 1,972 3,644 Total liabilities and shareholders' equity $39,471 $34,508 Lowe's 1. As of January 31, 2020, how many shares of common stock were issued? How many shares were outstanding? How many were shares were held in treasury? a. 763 million; 801 million; 381 million b. 763 million; 763 million; 0 c. 801 million; 801 million; 381 million d. 381 million; 1,727 million; 136 million 2. According to the Retained Earnings column in the Statement of Stockholders' Equity, what was the total dollar amount of cash dividends declared during the year ended January 31, 2020? a. $1,324 million b. $1,500 million c. $1,653 million d. $4,090 million 3. According to the income statement, how has Lowe's net earnings and basic earnings per share changed over the past two years? a. Both net earnings and EPS increased. b. Net earnings increased and EPS decreased. c. Net earnings decreased and EPS increased. d. Both net earnings and EPS decreased

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