EDGAR, the Electronic Data Gathering. Analysis, and Retreival system, performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). All publically traded domestic companies use EDGAR to make the majority of the filings. (Some foreign companies do voluntarily.) Form 10-K, including the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet.

1. Access EDGAR on the Interneet at www.sec.gov

2. Search for Macy's. Access its 10-K filing for the year ended February 1, 2014. Search or scroll to find the financial statements and related notes. The ticket symbol for Macy's is M.

3. What is the total debt (including current liabilities and deferred taxes) reported in the balance sheet? How has that amount changed over the most recent two years?

4. Compare the total liabilities (including current liabilities and deferred taxes) with the shareholders' equity and calculate the debt to equity ratio for the most recent two years. Has the proportion of debt financing and equity financing changed recently?

5. Does Macy's obtain more financing through notes, bonds, or commercial paper? Are required debt payments increasing or decreasing over time? Is any short-term debt classified as long-term? Why?

PLEASE FOLLOW THE INSTRUCTIONS. # 3,4 and 5 are VERY important! Please give full answers!