Evaluate lowes investment in property plant and equipment

Assignment Help Accounting Basics

Reference no: EM13591855

In Lowe's Companies, Inc. 2012 Annual Report (Form 10-K)

1. Evaluate Lowe's investment in property, plant and equipment. Determine the following amounts as reported by Lowe's on its most recent financial statements. You will probably have to inspect the notes to the financial statements to obtain some of the information.

a. Cost of the property, plant and equipment.

b. Accumulated depreciation:

What percent of the cost of property, plant and equipment is in the Accumulated Depreciation account?

c. Depreciation expense? $

d. Cash paid for property, plant and equipment? $

e. On average are the property, plant and equipment assets relatively new, relatively old, or in mid-life? How did you determine this?

Reference no: EM13591855

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