#1. Calculate the following ratios for years 2019 and 2020: a) Net Working Capital b)...
50.1K
Verified Solution
Link Copied!
Question
Finance
#1. Calculate the following ratios for years 2019 and 2020:
a) Net Working Capital
b) Current Ratio
c) Inventory turnover
d) Accounts receivable turnover
e) Accounts payable turnover how to
f) Fixed asset turnover
g) Total asset turnover
h) Debt ratio
i) Equity multiplier
j) Times interest earned
k) Profit margin
Lowe's Companies, Inc. Cornelidated Balance Sheets (In rillis, except pe vale) January 31, 2030 February 1, 2019 511 12,561 938 14,22N 18,432 7165 160 13,179 1,263 15,318 18,660 3.891 312 216 303 202 9.471 $ 256 303 995 M8 1,941 $ 222 1,110 8,219 Current : Cash and cash equivalents Shanem is vestments Merchandise inventory Other current Total currency Property, les accurred depreciation Operating leme right-cute Long-term invests Decredince last-net Goodwill Other Total acts Liabilities and shareholders' equity Current liabilities Short-term bowing Current marities of key-term det Current operating likes Accounts payable AEETHad arrantiend lywlmmits Dereva Other current limites Total curren labilities Long-edett, exchading current traurities Noncurrent operating lease liabilities De reverse landed protects plans Other liabilities Total abilities Comments and concis Shareholders' equity Preferred vack-55 par values and Cock 50.50 pevala Shese and otanding January , 2020 Feruary 1, 2019 Capital in excess of par valus Reminal Accumulated other comprehensive los Total shareholders' equity Total abilities and shareholder equity S01 7.650 654 1219 2,551 15,152 16,768 3,943 1,299 2.425 14,437 14,391 827 1,149 31.864 31,499 763 351 401 1.229 (136) 1,972 39,471 3,492 (2091 3,644 34.568 Lowe's Companies, Inc. Consolidated Statements of Earnings (In millions, except per share and percentage data) 1 January 31, 2020 Amount 72,148 49,205 22,943 S Fiscal Years Ended February 1, 2019 Amount 71.309 48,401 22,908 % Sales 100.00% 68.20 31.80 S % Sales 100.00% 67.88 32.12 Current Earnings Net sales Cost of sales Gross margin Expenses: Selling, general and administrative Depreciation and amortization Operating income i Interest - net Loss on extinguishment of debt Pre-tax earnings Income tax provision Net earnings 15.367 1.262 6,314 691 21.30 1.75 8.75 0.96 17,413 1,477 4,018 624 24.41 2.07 5.64 0.88 5,623 1,342 4.281 7.79 1.86 5.93% 3,394 1.080 2,314 4.76 1.52 3.24% s S S Basic earnings per common share Diluted earnings per common share Cash dividends per share 5.49 5.49 2.13 2.84 2.84 1.85 S s S S
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!