discussion post on Lowes

Using the Annual Report of your selected company, answer the following questions in the Discussion: What is the value of the company's inventory at year-end? What was the amount of cost of goods sold for the year? What income statement format does the company use? Explain. Compute the company's gross profit percentage for the year-end. Did the gross profit percentage improve, worsen, or hold steady? How does the company's gross profit percentage compare to the industry? What are the company's inventory turnover and days sales in inventory for the year end? Is there anything interesting to note about these ratios? If your company is a service company, please find a different company that would have inventory, perhaps a supplier to your selected company. Then answer the questions shown above. Be sure to state what company and supply a link to the information. You may use a service such as Yahoo Finance to help research industry averages. The notes to the financial statements will also be of use in answering the discussion questions. For many of the ratios in the discussion, you will need 2-3 years' worth of financial data. Read the posts of your classmates on their chosen companies, review the applicable Income Statements, and reply to at least two of your peers. Review the rubric which will be used to evaluate each discussion board posting for this course. CONTENT Response addresses the primary points. All aspects of the points are covered and adequately discussed. When asked to express opinions or provide recommendations, opinions or recommendations are supported by course concepts, course material and/or additional sources. Any required calculations are correct. 60.0 to >53.0 pts Excellent 53.0 to >47.0 pts Above Average 47.0 to >41.0 pts Average 41.0 to >35.0 pts Near Failing 35.0 to >0 pts Failing 60.0 pts PARTICIPATION Creates community in the discussion. Responds to what is being said in other posts with meaningful replies to at least two other students' posts. Frequently attempts to motivate the group discussion; presents creative approaches to the topic, can differ or counter peers points with diplomacy, if applicable. 30.0 to >26.0 pts Excellent 26.0 to >23.0 pts Above Average 23.0 to >20.0 pts Average 20.0 to >17.0 pts Near Failing 17.0 to >0 pts Failing 30.0 pts MECHANICS OF WRITING Posts are grammatically correct, with rare misspellings,. The format is easy to read with a professional delivery. References to resources/supporting material are posted when applicable. 10.0 to >8.0 pts Excellent 8.0 to >7.0 pts Above Average 7.0 to >6.0 pts Average 6.0 to >5.0 pts Near Failing 5.0 to >0 pts Failing 10.0 pts Total Points: 100.0