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Macy's, Inc. ( M ) , sells merchandise through company - owned retail stores and an Internet website. Recent financial information for Macy's is provided
Macy's, Inc. M sells merchandise through companyowned retail stores and an Internet website. Recent financial information for Macy's is provided below all numbers in millions Year Year Net income $ $ Interest expense Year Year Year Total assets $ $ $ Total stockholders' equity Assume the apparel industry's average return on total assets is and the average return on stockholders' equity is for Year a Determine the return on total assets for Macy's for Years and Round your percentage answers to one decimal place.
Macy's, Inc. M sells merchandise through companyowned retail stores and an Internet website. Recent financial information for Macy's is provided below all numbers in millions
Year Year
Net income $ $
Interest expense
Year Year Year
Total assets $ $ $
Total stockholders' equity
Assume the apparel industry's average return on total assets is and the average return on stockholders' equity is for Year
a Determine the return on total assets for Macy's for Years and Round your percentage answers to one decimal place.
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