The Home Depot, Inc. (Ticker HD) for year ended January 30, 2022 Direct link to 10-K

https://www.sec.gov/ix?doc=/Archives/edgar/data/354950/000035495022000070/hd-20220130.htm

Lowe's Companies, Inc. (Ticker LOW) for year ended January 28, 2022 Direct link to 10-K

https://www.sec.gov/ix?doc=/Archives/edgar/data/60667/000006066722000038/low-20220128.htm

1. Examine revenue and related accounts. Revenue is the largest item on the income statement, so we need to assess it on a quantitative and qualitative basis.

a. Read the management's discussion and analysis (MD&A) section of the 10-Ks, which is found in Item 7 of the table of contents. Explain how the companies' senior managers explain net sales or revenue in the most recent fiscal year. Provide the page number(s) you are using from the 10-K as your reference to this question.Also, discuss at least two other items of interest discussed in the MD&A for each company.

b. Find the footnote or notes to the financial statements on sales revenue recognitionandgift card revenue recognition policy if applicable. Provide thepage numberof the note for each company and how the company recognizes revenue. Also, in your responsecomparethe revenue recognition to each other.Remember that the notes to the financial statements are an integral part of the financial statements, so are part of Item 8 and follow the audited financial statements.

c. Find thefootnote or notes to the financial statements on the operations of the business and segment information.Provide a summaryof what the company considers their business and segments. Include a discussion of why segment information is important information. Provide thepage numberyou found this information. Remember that the notes to the financial statements are an integral part of the financial statements, so are part of Item 8 and follow the audited financial statements.