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NEED IT FOR TOMORROW MIDNIGHT SUNDAY THE 8th PLEASE Calculate RNOA and decompose into net operating profit margin and operating asset turnover (Module 4). Describe
NEED IT FOR TOMORROW MIDNIGHT SUNDAY THE 8th PLEASE
- Calculate RNOA and decompose into net operating profit margin and operating asset turnover (Module 4).
- Describe inventory valuation and depreciation methods for the two companies and compare methods between the two companies (Module 6). Are there any substantial differences that should be adjusted for when comparing performance for the two companies?
Balance Sheet For company A:
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Feb. 03, 2018 | Jan. 28, 2017 | |
Current assets: | |||
Cash and cash equivalents | $ 1,308 | $ 1,074 | |
Merchandise inventories | 3,542 | 3,795 | |
Other | 481 | 378 | |
Total current assets | 5,331 | 5,247 | |
Property and equipment, net | 7,773 | 8,103 | |
Other assets | 236 | 224 | |
Total assets | 13,340 | 13,574 | |
Current liabilities: | |||
Accounts payable | 1,271 | 1,507 | |
Accrued liabilities | 1,155 | 1,224 | |
Income taxes payable | 99 | 112 | |
Current portion of capital lease and financing obligations | 126 | 131 | |
Total current liabilities | 2,651 | 2,974 | |
Long-term debt | 2,797 | 2,795 | |
Capital lease and financing obligations | 1,591 | 1,685 | |
Deferred income taxes | 213 | 272 | |
Other long-term liabilities | 662 | 671 | |
Shareholders equity: | |||
Common stock - 373 and 371 million shares issued | 4 | 4 | |
Paid-in capital | 3,078 | 3,003 | |
Treasury stock, at cost, 205 and 197 million shares | (10,651) | (10,338) | |
Accumulated other comprehensive loss | (11) | (14) | |
Retained earnings | 13,006 | 12,522 | |
Total shareholders equity | 5,426 | 5,177 | |
Total liabilities and shareholders equity | $ 13,340 | $ 13,574 |
Balance Sheet Company C:
Consolidated Statements of Financial Position - USD ($) $ in Millions | Feb. 03, 2018 | Jan. 28, 2017 | |
Assets | |||
Cash and cash equivalents | $ 2,643 | $ 2,512 | |
Inventory | 8,657 | 8,309 | |
Other current assets | 1,264 | 1,169 | |
Total current assets | 12,564 | 11,990 | |
Property and equipment | |||
Land | 6,095 | 6,106 | |
Buildings and improvements | 28,396 | 27,611 | |
Fixtures and equipment | 5,623 | 5,503 | |
Computer hardware and software | 2,645 | 2,651 | |
Construction-in-progress | 440 | 200 | |
Accumulated depreciation | (18,181) | (17,413) | |
Property and equipment, net | 25,018 | 24,658 | |
Other noncurrent assets | 1,417 | 783 | |
Total assets | 38,999 | 37,431 | |
Liabilities and shareholders' investment | |||
Accounts payable | 8,677 | 7,252 | |
Accrued and other current liabilities | 4,254 | 3,737 | |
Current portion of long-term debt and other borrowings | 270 | 1,718 | |
Total current liabilities | 13,201 | 12,707 | |
Long-term debt and other borrowings | 11,317 | 11,031 | |
Deferred income taxes | 713 | 861 | |
Other noncurrent liabilities | 2,059 | 1,879 | |
Total noncurrent liabilities | 14,089 | 13,771 | |
Shareholders' investment | |||
Common stock | 45 | 46 | |
Additional paid-in capital | 5,858 | 5,661 | |
Retained earnings | 6,553 | 5,884 | |
Accumulated other comprehensive loss | (747) | (638) | |
Total shareholders' investment | 11,709 | 10,953 | |
Total liabilities and shareholders' investment | $ 38,999 | $ 37,431 | |
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