Compute the Financial Ratios listed

compute for the year 2018

2.2 The Income Statement (Summary of Operating Results)/ Balance Sheet & Cash Flow Statements that follow summarizes the financial conditions for JC Penny. JC Penny has had difficulty remaining financially viable these past several years. Compute the various financial ratios (as listed) and interpret the firm's financial health over the quarter shown. (a) Compute Current Assets (b) Compute Current Liabilities (c) Debt Ratio (d) Times-Interest earned ratio (e) Current Ratio ) Quick (Acid-Test) Ratio (g) Inventory Turnover Ratio (h) Day's Sales Outstanding (i) Total Assets Turnover 6) Profit Margin on Sales (k) Retun on Total Assets (1) Return on Common Equity (m) Price-to-Earnings Ratio (n) Book Value per Share J. C. PENNEY COMPANY, INC. SUMMARY OF OPERATING RESULTS (Unaudited) (Amounts in millions except per share data) Three Months Faded August 4, 2018 % Inc. (Dec.) August 3, 2019 S 2,762 1921% S 494 S 67 64.2% 226 S 2.829 (747% 5.174 Statements of Operations Total net sales August 3, 2019 2.509 Six Months Ended August 4, 2018 5346 154 $ 5.500 % Inc. (Dec.) (741% 46.8% (59)% 110 2.619 1.585 1.831 (13.4% 3.215 3.543 (9.3% Total revenues Costs and expenses (income Cost of goods sold (exclusive of depreciation and amortization shown separately below) Selling, venemand administrative (SG&A) Depreciation and amortization Real estate and other, net Restructuring and management 870 (11) 1,706 KNO 140 137 (211 (75.0" 1.726 284 (2) 06) (66.796 + 2.602 2.865 1000% (9.2% 1000 27 5.250 (76) 100.0 % (5.19% (100,0% (16) + Total costs and expenses Operating income (los) Other components of nel periodic pension cost (income) (Gain loss on extinguishment of (19) (26) (18) (31.6% + (1) 79 100.0% (6.3 % 55.2% (96) (196) 100.0 % (6.46 (12 500 (12.87% (48) S (101) (202) (179) (0.15) $ (0.32) 53.1% (0.63) S (0.57) (10.5% (9.07% 0.3% 0.2% Net interest expense Income loss) before income taxes Income tax expense benefit) Net income (loss) Earningslows) per share basic and diluted Financial Data: Comparable store sales incredere (1) Ratios as a centage of total net sales Cost of goods sold SGRANS Operating income loss) Effective income tax rate Common Shares Datas Issued and outstanding shares at end of period Weighted average shares - basic Weighted average shares - diluted 6326 34.7% 0.75 116 31.9% (13) 52 34.9% (1.576 3.1 663% 31.9% (0.67% 2.3% 314.8 317.7 317.7 3194 319.4 315.7 315.7 316 186 314.8 314. 314.8 (II Cayarahi N ainate me from starrs, ie Ams from anires that has rape prodane odded comparable store calculation while stores ad and w uch as sales and sales are excluded in the Company other companies in the retail industry castis fall fara umm als. Saadamal ora r awing are close in becawan Cara Our definition and calculation arcoma Neste modern SUMMARY STATEMENTS OF CASH FLOWS (Unaedited) (Amounts in millions) Six Months Ended August 3, 2019 August 4, 2018 (202) S (179) 17 (1) 284 (29) Statements of Cash Homs: Cash flows from operating activities: Net income (los) Adjustments to reconcile net income/loss) to net cash provided by (used in) operating activities Restructuring and management transition Asset impairments and other charges Net (ain loss on sale of non-operating assets Net (ain loss on sale of operating assets (Gain loss on extinguishment of debe Depreciation and amortization Benefit plans Stock-based compensation Deferred taxes Change in cash from: Inventory Prepaid expenses and other assets Merchandise accounts payable Accrued expenses and other Net cash provided by used in operating activities Cash flows from investing activities Capital expenditures Proceeds from sale of non-operating assets Proceeds from sale of operating assets (21) (115) (135) (146) (100) 946 (946) Net cash provided by (used in) investing activities Cash flows from financing activities: Proceeds from issuance of long-term debe Proceeds from borrowings under the credit facility Payments of borrowings under the credit facility Premium on carly retirement of long-term debt Payments of finance leases and note payable Payments of long-term debe Financing costs Proceeds from stock issued under stock plans 400 2258 (2.0 ) (20) (1) (4) (26) (S16) (1) (41) (158 Net cash provided by (used in) financing activities Net increase (decrease in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period 175 S SUMMARY BALANCE SHEETS ( ted) (Amount in millions) A 3 .2019 August 2015 1615 171 11 IN 2824 2,471 Summa Balance Sheets Current assets Chinhanks and in transit Cash short-term investments Cash and cash equivalents Merchandise inventory Prepaid expenses and other Total current assets Property and equipment, net Openting lease assets Prepaid pension Others Totales 2,921 3.591 1 4.05 925 910 100 1,94 Il lites and stockholde equity Current liabilities Merchandise accounts payable Other accounts payable and acchied expenses Current operating a bilities Current portion of finance leaves and not payable Current maturities of long-term det Total current les Noncurrent operating lease lubilities Long-term finance and not payable Long-term die Defende Other it Total liabilities Stoholderguy Total liabilities and eckholders' equity 2.129 10NO 203 3. 3.59 64 1216 20 ROSE