Below are Nordstroms financials for the 2016, 2017, and 2018. Use these to complete Chart 1. Then use Chart 2 to analyze your results.

2018 2017 $ 1.181 $ 1.007 145199 2,027 1,896 150 140 3.503 3.242 3.939 3.897 238 435 481 8,115 7.858 2016 S 595 196 1.945 278 3,014 3,735 435 514 7,698 238 Consolidated Balance Sheets - USD ($)S in Millions Assets Cash and cash equivalents Accounts receivable, net Merchandise inventories Prepaid expenses and other Total current assets Land, property and equipment, net Goodwill Other assets Total assets Liabilities and Shareholders' Equity Accounts payable Accrued salaries, wages and related benefits Other current liabilities Current portion of long-term debt Total current liabilities Long-term debt, net Deferred property incentives, net Other liabilities Commitments and contingencies (Note 10) Shareholders' equity: Common stock, no par value: 1,000 shares authorized: 167.0 and 170.0 shares issued and outstanding Accumulated deficit Accumulated other comprehensive loss Total shareholders' equity Total liabilities and shareholders' equity 1,409 578 1.246 1.340 455 1,223 56 1,324 416 1,161 10 2,911 2.795 540 3,029 2,763 3,289 2.681 495 673 521 675 581 2,816 2,707 (1,810) (1,794) (29) (43) 971 870 S8,115 S 7.858 2,539 (1.610) (58) 871 S 7,698 Consolidated Statements Of Earnings - USD (S) shares in Millions, Sin Millions 2018 2017 2016 Net sales $15,137 $14,498 $14,095 Credit card revenues, net 341259 342 14,437 (9,168) (4.168) Total revenues Cost of sales and related buying and occupancy costs Selling general and administrative expenses Goodwill impairment Eamnings before interest and income taxes Interest expense, net Earnings before income taxes Income tax expense Net earnings 15,478 (9,890) (4,662) 0 926 (136) 790 (353) S437 14,757 (9.440) (4,315) (197) 805 (121) 684 (330) S354 1.101 (125) 976 (376) S 600 Consolidated Statements Of Cash Flows - USD (S) shares in Millions, Sin Millions Operating Activities Net earrings S 437 S 354 Depreciation and amortization expenses 666 645 576 Goodwill impairment 0 197 Amortization of deferred property incentives and other, net (82) (76) Deferred income taxes, net (15) Stock-based compensation expense Bad debt expense Accounts receivable Proceeds from sale of credit card receivables originated at Nordstrom Merchandise inventories Prepaid expenses and other assets Accounts payable Accrued salaries, wages and related benefits Other current liabilities 181 Deferred property incentives Other liabilities 24 Net cash provided by operating activities 1,400 Investing Activities Capital expenditures (731) (846) Change in credit card receivables originated at third parties Proceeds from sale of credit card receivables originated at third parties 16 Other, net 31 Net cash used in investing activities (684) Financing Activities Proceeds from long-term borrowings, net of discounts Principal payments on long-term borrowings Defeasance of long-term debt (Decrease) increase in cash book overdrafts Cash dividends paid Payments for repurchase of common stock Proceeds from issuances under stock compensation plans Tax withholding on share-based awards Other, net Net cash used in financing activities (542) (455) (2.558) Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year 1,007 Cash and cash equivalents at end of year 1.1811.007595 582=6*-* gak*utago ageag 41 & = **HISS"**" qan segaptenggara * 0 791) 635 (661) (55) CHART 1. Ratio 2018 2017 2016 OCF OCF+ICF DEBT D-E DIH DSO" TATO NPM ROA ROE *Use total revenues CHART 2. Ratio Trend jump drop indicating a problem include years) Problem indicated by trend/jump drop Current Quick FCF OCF-ICF DEBT DE DIH DSO TATO NPM ROA ROE