Question
Interpret and discuss the Liquidity Ratios (Current, Quick, Cash) for Macy's and Nordstrom. Liquidity Ratios: Current 2021 2020 2019 2018 Macys 1.15 1.18 1.42 1.48
Interpret and discuss the Liquidity Ratios (Current, Quick, Cash) for Macy's and Nordstrom.
Liquidity Ratios:
| Current | 2021 | 2020 | 2019 | 2018 |
| Macys | 1.15 | 1.18 | 1.42 | 1.48 |
| Nordstrom | 0.88 | 0.92 | 1.00 | 1.07 |
| Quick | 2021 | 2020 | 2019 | 2018 |
| Macys | 0.45 | 0.28 | 0.42 | 0.48 |
| Nordstrom | 0.43 | 0.37 | 0.41 | 0.45 |
| Cash | 2021 | 2020 | 2019 | 2018 |
| Macys | 0.31 | 0.13 | 0.23 | 0.29 |
| Nordstrom | 0.17 | 0.24 | 0.28 | 0.36 |
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
