THIS IS FOR LOWES:

The chief executive officer (CFO) of the company wants to generate cash for the organization and has tasked you to review the current stockholders' equity position for the company and use your findings to recommend strategies for generating cash flow. The CEO has requested you summarize your findings in a memo that is addressed to the CFO, but one that could be shared with other stakeholders.

Refer to the Annual Reports for Approved Companies and access the Form 10-K. Review and study the following information related to stocks:

1. Identify and discuss the current types of stock, such as common or preferred stock, currently issued, and outstanding. Include a narrative description along with the values and number of shares found on the balance sheet.
2. Identify the presence of treasury stock and its impact on overall stockholders' equity. If the company does not have treasury stock, indicate the absence of treasury stock and provide some discussion as to why the company may not have purchased back any of its originally issued stock.
3. Review the notes to the financial statements to determine if the company has any convertible bonds and summarize the characteristics of those bonds. If there are no convertible bonds in the notes, discuss why a company may want to consider convertible bonds in the future. (Did not find lower having any convertible bonds)
4. 

Using the summary of your research, write a 500-word memo to the CEO explaining the pros and cons of issuing new stock, reissuing treasury stock (if applicable), and issuing convertible bonds. In addition, include your recommendations on how the company could generate cash from issuing new common stock, preferred stock, convertible bonds or reissuing treasury stock. Support your recommendations with examples that show the impact on cash.

801 Shareholders' equity: Preferred stock - $5 par value, none issued Common stock - $.50 par value; Shares issued and outstanding February 1, 2019 February 2, 2018 Capital in excess of par value Retained earnings Accumulated other comprehensive income/(loss) Total shareholders' equity Total liabilities and shareholders' equity 830 401 415 3,452 (209) 3,644 34,508 $ 22 5,425 11 5,873 35,291 $ Common Stock Capital in Excess of Par Value Amount Shares 910 S Retained Earnings 7,593 $ 3,091 Accumulated Total Lowe's Other Companies, Inc. Comprehensive Shareholders' Noncontrolling Income/(Loss) Equity Interest (394) $ 7,654 $ 3,091 2 154 154 455 $ Total Equity 7,654 3,093 154 57 (1,169) 57 (1,169) 104 (3,577) 57 (1,169) 104 (3,577) 104 (48) (24) (279) (3,274) 4 2 136 138 $ $ $ 109 S (2) S (109) S s $ (18) $ (240) $ 866 $ 433 $ - S 6,241 $ 3,447 Balance January 29, 2016 Net earnings Other comprehensive income Tax effect of non-qualified stock options exercised and restricted stock vested Cash dividends declared, $1.33 per share Share-based payment expense Repurchase of common stock Issuance of common stock under share-based payment plans Noncontrolling interest resulting from acquisition Dividends paid to noncontrolling interest holders Purchase of noncontrolling interest Balance February 3, 2017 Net earnings Other comprehensive income Cash dividends declared, $1.58 per share Share-based payment expense Repurchase of common stock Issuance of common stock under share-based payment plans Balance February 2, 2018 Cumulative effect of accounting change Net earnings Other comprehensive loss Cash dividends declared, $1.85 per share Share-based payment expense Repurchase of common stock Issuance of common stock under share-based payment plans Balance February 1, 2019 $ (18) $ 6,434 s 3,447 251 (1,324) 99 138 109 (2) (127) 6,434 3,447 251 (1,324) 99 (3,174) 251 (1,324) 99 (40) (20) (215) (2,939) (3,174) 4 2 140 138 22 S 830 $ 415 $ 11 S S 5,425 $ 33 2,314 140 5,873 33 2,314 (220) (1,500) 74 (3,045) 5,873 $ 33 2,314 (220) (1,500) 74 (3,045) (220) (1,500) 74 (32) (16) (209) (2,820) 3 2 113 115 3,644 $ 115 3,644 801 S 401 $ S 3,452 $ (209) S S