Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Macy's (M) Stock 2016 2017 2018 2019 2020 2021 Revenues 27079 28162.2 29288.6 30460.2 31678.6 32945.7 Cost of Goods Sold 16496 19713.5 20502.1 21322.1 22175

image text in transcribed
Macy's (M) Stock 2016 2017 2018 2019 2020 2021 Revenues 27079 28162.2 29288.6 30460.2 31678.6 32945.7 Cost of Goods Sold 16496 19713.5 20502.1 21322.1 22175 23062 Selling, General & Administrative Expenses 8256 4787.57 4979.07 5178.23 5226.97 5436.05 Research and development 288 0 0 0 0 Operating Income 2039 3661.08 3807.52 3959.82 4276.61 4447.68 Net Interest Expenditure 361 0 0 0 0 0 Pre-Tax Income 1678 3661.08 3807.52 3959.82 4276.61 4447.68 Taxes 608 1098.32 1142.26 1187.95 1282.98 1334.3 Net Income 1070 2562.76 2665.27 2771.88 2993.63 3113.37 Earnings Per Share 3.21321 8.24037 8.68165 9.02892 9.75123 10.1413 Shares Outstanding 333 311 307 307 307 307 Macy's (M) Bond Firm Ind Avg Debt & Coverage Ratios Debt/Assets 32.47 Debt/Equity 0.93 44.56 Current Assets/Current Liability 1.35 EBITDA/Interest 4.46 Debt/EBITDA 2.51 Cash Flow Ops/Total Debt

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

Financial management theory and practice

Authors: Eugene F. Brigham and Michael C. Ehrhardt

13th edition

1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099

More Books

Students also viewed these Finance questions