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Please show all your work also the numbers are in millions, please answer in millions not thousands. thank you! inc M me are i B18
Please show all your work also the numbers are in millions, please answer in millions not thousands. thank you!
inc M me are i B18 1 Column1 2 Net Sales x fx 3 4 Gross margin 8 9 A Less cost of goods sold (COGS) 5 6 Operating Profit margin 7 Less other income (Interest, taxes) Net profit margin Ratios 10 Gross margin as a percentage of sales 11 Operating expenses as a percentage of sales Less Operating expenses (SG&A) 12 Operating profit margin as percentage of sales 13 Net profit margin as a percentage of sales 14 B Macys Income Statement 1/30/2018 Current Assets: Cash and cash equivalents Receivables...... Total Current Assets. Property and Equipment-net.... Goodwill.. Merchandise inventories. Prepaid expenses and other current assets.. Other Intangible Assets-net.. Other Assets. Total Assets... Current Liabilities: MACY'S, INC. CONSOLIDATED BALANCE SHEETS LIABILITIES AND SHAREHOLDERS' EQUITY Total Current Liabilities. ASSETS Short-term debt. Merchandise accounts payable. Accounts payable and accrued liabilities. Income taxes.... Long-Term Debt... Deferred Income Taxes. Other Liabilities. Noncontrolling interest. (millions) Shareholders' Equity: Common stock (307.5 and 304.8 shares outstanding). Additional paid-in capital. Accumulated equity. Treasury stock. Accumulated other comprehensive loss. Total Macy's, Inc. Shareholders' Equity... Total Shareholders' Equity.. Total Liabilities and Shareholders' Equity. S The accompanying notes are an integral part of these Consolidated Financia February 3, 2018 1,455 363 5,178 650 7,646 6,672 3,897 488 880 19,583 22 1,590 3,271 296 5,179 5,861 1,148 1,662 3 676 7,246 (1,456) (724) 5,745 (12) 5,733 19,583 Net sales Credit card revenues, net. MACY'S, INC. CONSOLIDATED STATEMENTS OF INCOME (millions, except per share data) Cost of sales Selling, general and administrative expenses... Gains on sale of real estate.. Restructuring, impairment, store closing and other costs Operating income. Benefit plan income, net... Settlement charges... Interest expense.. Gains (losses) on early retirement of debt... Interest income... Income before income taxes.... Federal, state and local income tax benefit (expense)... Net income.. Net loss attributable to noncontrolling interest. Net income attributable to Macy's, Inc. shareholders. Basic earnings per share attributable to Macy's, Inc. shareholders.... Diluted earnings per share attributable to Macy's, Inc. shareholders...... S S S S 2018 24,971 S 768 (15,215) (9,039) 389 (136) 1,738 39 (88) (261) (33) 25 1,420 (322) 1,098 10 1,108 S 3.60 S 3.56 S The accompanying notes are an integral part of these Consolidated Financial S Step by Step Solution
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