Financial Statement Analysis Project Using Macy\'s 2016 Annual Report (in Canvas

Question

Financial Statement Analysis Project Using Macy's 2016 Annual Report (in Canvas) and Appendix C in the text, calculate the following for the 2016 fiscal year: 1. Debt to Assets Ratio 2. Return on Assets Ratio 3. Return on Equity Ratio 4. Gross Margin Percentage 5. Return on Sales Ratio 6. Inventory Turnover Ratio 7. Average Days to Sell Inventory 8. Accounts Receivable Turnover Ratio 9. Average Day's Sales in Accounts Receivable 10 Current Ratio nes Interest Earned 12 Price/Earnings Ratio 13 Earnings per Share(Diluted) El Inbox courses Calendar TO DO Notifications

Explanation / Answer

All amounts are in $ 1-Debt assets ratio Debt assets ratio=Average Debt (Short & Long term )/Average assets Average (Current liabilities+Longterm debt+Other liabilities)/Average total assets ((5728+5647)+(6995+6562)+(2123+1877))/2 Divided by (20576+19851)/2=14466/20213.5=0.716 times 2-Return on assets ratio=Net profit for the year /Average total assets 619/(20576+19851)/2=619/20213.5=0.0306=3.06% 3-Return on equity ratio= Net profit for the year/Average equity 619/(4253+4322)/2=619/4287.5=0.1444=14.44% 4-Gross Margin percenrage=Gross margin for the year/Revenue for the year=10157/25778=0.3940=39.40%

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