Financial Statement Comparison: Lowes and Home Depot
Not what you're looking for?
Compare the financial statements for Lowe's and Home Depot for 2010 and 2011 including:
- revenues;
- cost of good sold;
- accounts receivable; and
- accounts payable
- inventory
Show trends for all five categories for each company. Keeping the case analysis in mind, discuss and interpret the changes over the three year period. Which company is the best performer and why? How is this information useful to you from a managerial perspective? Explain your reasoning and support with the numbers you have pulled out for the comparison above. Don't forget to comment on the interaction of the balance sheet and income statement.
Purchase this Solution
Solution Preview
Here is the data relating to the trend analysis. (In millions)
Lowes Home Depot
03-Feb-12 28-Jan-11 30-Jan-11 31-Jan-10
1. Revenues 50,208 48,815 67,997 66,176
% 2012 over 2010 103% 103%
2. COGS 32,858 31,663 44,693 43,764
% 2012 over 2010 104% 102%
3. AccRec (note A) 1,800 1,700 1,085 964
% 2012 over 2010 106% 113%
4. AccPay 4,352 4,351 4,717 4,863
% 2012 over 2010 100% 97%
5. Inventory 8,355 8,321 ...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Introduction to Finance
This quiz test introductory finance topics.