MGMT1A project revision

Subject: MGMT1A – Principles of Accounting
Task: revise my project according to the instruction

Due: Nov 10, 23: 00 Pacific Time

1.The document does not appear to provide a brief 2-3 sentence summary of Lowe’s or mention any significant ownership interest, such as by a CEO.

2.The document does not clearly state a final recommendation on whether Lowe’s is a good investment.

3.I need a work cited page. • Page 3: Works Cited – Cite all sources in MLA (Modern Language Association) format (this

does not need to perfect, just use a tool such as EasyBib or Owl Purdue).

4. Page 4: the ratio financial calculation is all good.

5. For page 5-8 and 9-12 can you please attach the company’s financial statements from the 10-K for 2 separate

years.

Include the balance sheet, income statement, statement of owners’ equity, and cash flows from

the following:

The 10-K for 2022, which will include the financial statements for 2022 and 2021. The 10-K for 2021, which will include the financial statements for 2021 and 20206. I want the whole assignment in one document.

Deduct:
Fiscal Year Ended
Total current assets
Total current liabilities
Working capital
Feb 2, 2024
$
19,071
$
15,568
$
3,503
Total current assets
Divided by: Total current liabilities
Current ratio
$
$
19,071
15,568
1.23
Net fixed assets
Divided by: Total long term liabilities
Ratio of fixed assets to long term liabilities
$
$
17,653
15,568
1.13
Income before income tax
Interest expense
Income before income tax + Interest expense
Divided by: Interest expense
Times interest earned ratio
$
$
$
$
10,175
1,382
11,557
1,382
8.36
Average total assets = (Beginning total assets + Ending total assets) / 2
Ending total assets
Beginning total assets
Average total assets
Feb 2, 2024
$
41,795
$
43,708
$
42,752
Sales
Divided by: Average total assets
Assets turnover ratio
$
$
86,377
42,752
2.02
Net income
Interest expense
Net income + Interest expense
Divided by: Average total assets
Return on total assets
$
$
$
$
7,726
1,382
9,108
42,752
21.30%
Gross profit
Divided by: Sales
Gross profit margin
$
$
28,844
86,377
33.39%
Operating profit
Divided by: Sales
Operating profit margin
$
$
11,557
86,377
13.38%
Net Income
Divided by: Sales
Net profit margin
$
$
7,726
86,377
8.94%
$
$
$
8,140
1,964
6,176
$
$
6,176
86,377
7.15%
Deduct
Net Cash Flows Provided by Operating activities
Capital Expendutures
Free Cash Flows
Free Cash Flows
Divided by: Sales
Free Cash Flow Margin
Market price per share
Divided by: Basic Earnings price per share
Price Earnings Ratio
Feb 2, 2024
219.49
13.23
16.59
Feb 3, 2023 Jan 28, 2022
$
21,442
$
19,511
$
1,931
$
$
21,442
19,511
1.10