Answered step by step
Verified Expert Solution
Question
1 Approved Answer
FIND THE BELOW. PLEASE NOTE THAT THE GRAPHS YEARS ARE IN DIFFERENT ORDERS IN EACH ONE Consolidated Statements of Income for Macy's, Inc., 2015-2016 (in
FIND THE BELOW. PLEASE NOTE THAT THE GRAPHS YEARS ARE IN DIFFERENT ORDERS IN EACH ONE
Consolidated Statements of Income for Macy's, Inc., 2015-2016 (in millions, except per share amounts) 2016 $25,778 2015 $27,079 15,621 16,496 10,583 (8,256) (288) Net sales Cost of sales Gross margin Selling, general and administrative expenses Impairments, store closing and other costs Settlement charges Operating income Interest expense Premium on early retirement of debt Interest income Income before income taxes Federal, state, and local income tax expense Net income Net loss attributable to noncontrolling interest Net income attributable to Macy's, Inc. shareholders Basic eanings per shae attibutable to Macy's, Inc. shareholders Diluted earnings per share attributable to Macy's, Inc. shareholders 10,157 (8,265) 1,315 (367) 2,039 (363) 4 952 1,678 (341 (608) 611 1,070 619 S 2.01 $ 1.99 1,072 $ 3.26 3.22
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started