Question
Prepare the financial ratios for J.C. Penney Company, Inc. (JCP) for the years indicated below. Use the JCP financial documents (Balance Sheets and Income Statements)
Prepare the financial ratios for J.C. Penney Company, Inc. (JCP) for the years indicated below. Use the JCP financial documents (Balance Sheets and Income Statements) for Calendar Years 2011, 2012, 2013 to calculate the required Financial Ratios and reference in your assessment analysis. Including the following:
Prepare the financial ratios for 2011, 2012, 2013.
Comment on the differences between J.C. Penney's ratios and the industry averages.
Determine the trends evident in the financial statements.
Write a 3-page memo divided into the following sections:
Liquidity.
Asset management.
Long-term debt-paying ability.
Profitability.
I have the documents that were given to me (balance sheet and income statement) but I dont know how to attach them for your review. These are made up numbers not the real statements online.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started