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Using Macy's department store as an example. Discuss the various divisions and departments that would be found in a Macy's Department Store. For instance, list

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Using Macy's department store as an example. Discuss the various divisions and departments that would be found in a Macy's Department Store. For instance, list the various departments - i.e. House ware, Men's Clothing; Women's Apparel, Furniture, Jewelry, etc. Comment on how the managers of these departments would be evaluated based on responsibility accounting. Identify the following terms with definitions and formulas: Breakeven point Incremental analysis Margin of safety Operating leverage Sales mix Compare Macy's to Nordstrom and give reasons on which is preferred as a business

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