Question: S2-2 (Static) Finding and Analyzing Financial Information [LO 2-1, LO 2-4, LO 2-5) Refer to the financial statements of Lowe's Companies, Inc., in Appendix





S2-2 (Static) Finding and Analyzing Financial Information [LO 2-1, LO 2-4, LO 2-5) Refer to the financial statements of Lowe's Companies, Inc., in Appendix B. (Note: Fiscal 2019 for Lowe's runs from February 2, 2019, to January 31, 2020. As with many retail companies, Lowe's labels the period "Fiscal 2019" even though it ends in the 2020 calendar year. The label "Fiscal 2019" is appropriate because Fiscal 2019 includes 11 months from the 2019 calendar year. Lowe's explains its choice of fiscal period in Note 1 to its financial statements.) Required: 1. What were the year-end dates for the "Fiscal 2019" and "Fiscal 2018" periods? Fiscal 2019 January 31, 2019 Fiscal 2018 February 1, 2018 January 31, 2020 February 1, 2019 February 2, 2019 January 31, 2020 January 31, 2020 February 2, 2019 Option A Option B Option C O Option D 2. Which of the following are the amounts in the company's accounting equation (A L+ SE) for the 2019 fiscal year- end?
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