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Accounting:Annual report analysis.

Comparing Home Depot & Lowe's annual report for year 2008; explanations also needed.
Need someone to review completed answers and assist with highlighted areas; this includes a couple of explanations. Please place additional answers in red. Also I have showed the work for problems; PLEASE SHOW ANY WORK THAT YOU COMPLETE, so I am able to understand.

I have attached the annual reports for Home Depot and Lowe's. The attached Lowe's annual report is in print screen format (the file was too big to upload) - the information that is on the print screen is consecutive.

I would choose Lowe's to invest in - is this what you would do also?


Solution Summary

The problem deals with comparing the financial statements of Lowe and Home depot.