Question
Below is data collected from the Nordstroms 10-K for FY20, FY19 of which I input the totals for Income Statement. Insert the amounts under either
Below is data collected from the Nordstroms 10-K for FY20, FY19 of which I input the totals for Income Statement.
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| FY20 TOTAL | OPERATING | NONOPERATING | FY19 TOTAL | OPERATING | NONOPERATING | |||||||||||||||||||
NET SALES | 10,357 | 10357 |
| 15132 |
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CREDIT CARD REVENUES | 358 | 358 |
| 392 |
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COST OF SALES & BUY& OCCUP. COSTS | (7,600) | (7600) |
| (9,932) |
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S,G,&A | (4,162) | (4162) |
| (4,808) |
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INTEREST EXPENSE (NET) | (181) |
| (181) | (102) |
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EARNINGS BEFORE TAXES | (1,228) | (1047) | (181) | 682 |
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Income Tax (expense) benefit [0.4381 (2020) and 0.2727 (2019)] | 538 |
| 79 | (186) |
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NET INCOME | (690) |
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| 496 |
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NOPAT 2020:
NOPAT 2019:
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