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Kendra Massey is trying to decide how to invest a recent windfall inheritance. Because she considers herself a fashionista, her first thought was to look
Kendra Massey is trying to decide how to invest a recent windfall inheritance. Because she considers herself a fashionista, her first thought was to look at two of her favorite stores, Nordstrom and Macy's. Kendra visited each company's website and calculated the following ratios based on the financial statements she found there. She also found some industry averages to use as a comparison. Which of the two companies has the stronger liquidity position? How do the companies' positions compare to the industry averages
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