(Answered) Accounting for decision makers lowes companies

Accounting

Accounting for Decision Makers Lowes Companies Assignment

Part 1

Perform a vertical and horizontal analysis of Lowes Companies income statements and balance sheets as of February 3, 2017. You should use the method we discussed in chat 2. In performing this analysis, consider any notable trends or changes that you observe that may provide useful information concerning its financial condition. Also use as many years' worth of statements as you feel necessary. You should write up your results in paragraph form.

Part 2

Assess Lowes Companies concerning liquidity, solvency, profitability, and stock performance as of February 3, 2017. For each area, you should calculate the ratios we discussed in class and provide an analysis of the ratios calculated. It would also be helpful to compare Lowes's ratios with Home Depot's ratios. I include historical stock price information and outstanding common share information below.

Fiscal Year Ended	2/3/2017	1/29/2016	1/30/2015	1/31/2014
Adjusted Closing Price	$72.58	$69.72	$64.93	$43.63
Common Shares Outstanding (millions)	866	910	960	1,030

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