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2.Earned Capital for Macy's. Recall that the least costly form of financing is internal-that is, plowing earned profits (and cash) into new investments is a

2.Earned Capital for Macy's. Recall that the least costly form of financing is internal-that is, plowing earned profits (and cash) into new investments is a low-cost means to grow the company and return even more to stockholders.

How profitable were the companies? Compare return on equity for the three year period and determine cause for major difference over time and betweencompanies.

Review accumulated other comprehensive income and determine the main components of that account. How did AOCI changed during the year?

Did the companies pay cash dividends? Compute the dividend payout and the dividend yield for all three year (2017, 2018, 2019) and compare them.

Did the company have any stock splits or pay stock dividends?

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