Lowe's is a leading retailer in the home improvement field. Complete the component percentage analysis on...

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Lowe's is a leading retailer in the home improvement field. Complete the component percentage analysis on the company's income statement that follows. (Enter your answer as a percentage rounded to 2 decimal place (i.e. 0.1234 should be entered as 12.34).) Net sales LOWE'S COMPANIES, INC. Consolidated Statements of Earnings (in millions, except per share and percentage data) Fiscal Years Ended on February 3, January 28, % Sales % Sales 2012 2011 January 29, 2010 % Sales $ 48,234 100.00 % $ 48,301 100.00 % $ 46,938 100.00 % 31,747 31,569 30,732 16,487 100.00 16,732 100.00 16,206 100.00 Cost of sales Gross margin Expenses: Selling, general, and administrative 11,091 Depreciation 1,554 10,515 1,372 9,739 1,168 Consolidated Statements of Earnings (in millions, except per share and percentage data) Fiscal Years Ended on February 3, % Sales January 28, 2012 % Sales 2011 Net sales $ 48,234 100.00 % $ 48,301) 100.00 % January 29, 2010 $ 46,938 % Sales 100.00 % Cost of sales 31,747 31,569 30,732 Gross margin 16,487 100.00 16,732 100.00 16,206 100.00 Expenses: Selling, general, and administrative + 11,091 10,515 9,739 Depreciation 1,554 1,372 1,168 Interest-net 293 207 169 Total expenses 12,938 0.00 12,094 0.00 11,076 0.00 Pre-tax earnings 3,549 100.00 4,638 100.00 5,130 100.00 Income tax provision 1,316 1,721 1,906 Net earnings $ 2,233 100.00 % $ 2,917 100.00 % $ 3,224 100.00 % Lowe's is a leading retailer in the home improvement field. Complete the component percentage analysis on the company's income statement that follows. (Enter your answer as a percentage rounded to 2 decimal place (i.e. 0.1234 should be entered as 12.34).) Net sales LOWE'S COMPANIES, INC. Consolidated Statements of Earnings (in millions, except per share and percentage data) Fiscal Years Ended on February 3, January 28, % Sales % Sales 2012 2011 January 29, 2010 % Sales $ 48,234 100.00 % $ 48,301 100.00 % $ 46,938 100.00 % 31,747 31,569 30,732 16,487 100.00 16,732 100.00 16,206 100.00 Cost of sales Gross margin Expenses: Selling, general, and administrative 11,091 Depreciation 1,554 10,515 1,372 9,739 1,168 Consolidated Statements of Earnings (in millions, except per share and percentage data) Fiscal Years Ended on February 3, % Sales January 28, 2012 % Sales 2011 Net sales $ 48,234 100.00 % $ 48,301) 100.00 % January 29, 2010 $ 46,938 % Sales 100.00 % Cost of sales 31,747 31,569 30,732 Gross margin 16,487 100.00 16,732 100.00 16,206 100.00 Expenses: Selling, general, and administrative + 11,091 10,515 9,739 Depreciation 1,554 1,372 1,168 Interest-net 293 207 169 Total expenses 12,938 0.00 12,094 0.00 11,076 0.00 Pre-tax earnings 3,549 100.00 4,638 100.00 5,130 100.00 Income tax provision 1,316 1,721 1,906 Net earnings $ 2,233 100.00 % $ 2,917 100.00 % $ 3,224 100.00 %