Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, acceptance and forwarding of submissions by companies and others who

. EDGAR, the Electronic Data Gathering, Analysis, and Retrieval 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 their filings. Form 10-K, including the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet. Required: a. Access EDGAR on the Internet at www.sec.gov or from Investor Relations at the Macys, Inc. (www.macys.com). b. Search for Macys. Access its 10-K filing for the year ended January 30, 2016. Search or scroll to find the financial statements and related notes. c. 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? d. 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? e. Does Macys 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?

I really need parts c,d, and e answered and ensure proper year is being used. Thank You

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Report Chavarria Dinne And Lamey LLC Contract Deliverables Office Of Inspector U.S Department Of The Interior

Authors: United States Department Of The Interior

1st Edition

1511678526, 978-1511678520

More Books

Students also viewed these Accounting questions

Question

describe Warp knitting action and weft knitting action with figure

Answered: 1 week ago

Question

5. Understand how cultural values influence conflict behavior.

Answered: 1 week ago

Question

8. Explain the relationship between communication and context.

Answered: 1 week ago