4) (10 points) Refer to the attached MACY's and TJ Max Financial Statements Use the following criteria to conclude whether you are going to grant the $1.5B loan QUANTITATIVE UNDERWRITING CRITERIA 1. LT Debt / Equity 4.0 3. 5yr average Quick Ratio >0.80 4. LT Debt/EBITDA 10\% 6. 5yr average Net Profit Margin (NPM) > 5\% 7. 5yr average Operating CF / 5yr average Current Liabilities >50% 4) (10 points) Refer to the attached MACY's and TJ Max Financial Statements Use the following criteria to conclude whether you are going to grant the $1.5B loan QUANTITATIVE UNDERWRITING CRITERIA 1. LT Debt / Equity 4.0 3. 5yr average Quick Ratio >0.80 4. LT Debt/EBITDA 10\% 6. 5yr average Net Profit Margin (NPM) > 5\% 7. 5yr average Operating CF / 5yr average Current Liabilities >50%