a Screen Shot 2018-10-06 at 12.40.46 PM a Screen Shot 2018-10-06 at 12.40.59 PM Search Q Search a. Compute the following seven Moody's metrics for Nordstrom. See Appendix 4A for definitions. Round answers to one decimal place (example for percentage answers: 0.2345-23.5%). QUESTION 3 Partially correctMark 7.14 out of 14.28 P Flag question Ratio 2016 Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Nordstrom Inc.'s 2016 financial statements. Use the information to answer the requirements (S millions). Sales Depreciation expense Tax expense Interest expense, gross Earnings from continuing operations (Net income) EBITA Cash Average total assets Total debt Noncurrent deferred tax liabilities Noncontrolling interest Equity Dividends pald Cash from operating activities 14.2 EBITA to average assets Operating margin EBITA margin % 9.2 x96 $16,983 626 442 219 896 1,611 661 11,360 3,167 554 9.5 % EBITA interest coverage 7.4 141.6 78.4 33.1 % Debt to EBITDA Debt to book capitalization Retained cash flow to net debt b. Use your computations from part a, along with measures in Exhibit 4.7, to estimate the long-term debt rating for Nordstrom. Based on the above computations, the rating for Nordstrom's long-term debt would fall in the 871 1,185 2,451 A-Baa range Check