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Refer to the information below from Nordstrom Inc.s 2016 financial statements. Use the information to answer the requirements ($ millions). Sales $14,095 Depreciation expense 560
Refer to the information below from Nordstrom Inc.s 2016 financial statements. Use the information to answer the requirements ($ millions).
| Sales | $14,095 | ||||
| Depreciation expense | 560 | ||||
| Tax expense | 376 | ||||
| Interest expense, gross | 153 | ||||
| Earnings from continuing operations (Net income) | 600 | ||||
| EBITA | 1,117 | ||||
| Cash | 595 | ||||
| Average total assets | 8,472 | ||||
| Total debt | 2,805 | ||||
| Noncurrent deferred tax liabilities | 324 | ||||
| Noncontrolling interest | 0 | ||||
| Equity | 871 | ||||
| Dividends paid | 1,185 | ||||
| Cash from operating activities | 2,451 |
Round answers to one decimal place (example for percentage answers: 0.2345 = 23.5%).
Calculate 1) Operating margin and 2) debt to book capitalization
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