Assume that Lowe's and The Home Depot experienced no shrinkage in the most recent year....
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Accounting
Assume that Lowe's and The Home Depot experienced no shrinkage in the most recent year. Using both companies' balance sheets and income statements, estimate the amount of purchases in the ending nearest to February 1, 2014 year. How much greater (or less) were Lowe's purchases than The Home Depot's in that year?
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