Financial Analysis of Macy’s Inc. and Nordstrom Macy’s Inc. has established itself as a strong player in the retail industry‚ with over 850 Macy’s and Bloomingdale’s stores in 45 states. Macy’s competes against retail giants like Nordstrom‚ Kohl’s‚ JC penny and Saks Fifth Avenue for market share in the increasingly competitive department store industry. This financial report will choose Nordstrom as the major competitor‚ and serves as the comparison company. The annual report and 10-K filings
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1.09 6.07*100/9.08 DFL (2009) =3.72*100/5.36 = 69.4/81.1 =0.8 5.09*100/6.27 DFL (2008) = 1.43*100/3.93= 36.3/41.92 =0.86 1.85*100/4.413 FINANCIAL RATIOS OF APPLE (2011) PROFIT MARGIN= NET INCOME/SALES =25.92*100/108.6 =23.8% TOTAL ASSET TURNOVER= SALES/TOTAL ASSETS= 108.6/116.37=0.93 FINANCIAL RATIOS (2010)
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Questions: Chapter Seven Chapter 7 1‚ 2‚ 3‚ 7‚ 11‚ 13‚ 19‚ 22‚ 29‚ 32‚ 33‚ problem similar to HW 1. What is the process of asset transformation performed by a financial institution? Why does this process often lead to the creation of interest rate risk? What is interest rate risk? Asset transformation by an FI involves purchasing primary assets and issuing secondary assets as a source of funds. The primary securities purchased by the FI often have maturity and liquidity characteristics that are
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Section 1 – Sources of Finance There are 4 main types of business ownership: • Sole trader • Partnership • Private limited company (Ltd) • Public limited company (Plc) Each of these types of business needs to raise finance for capital investment Sole Trader This is a business that is owned by one person. Sole Traders are responsible for raising all the finance to set up and run the business. Usually a sole trader would be for a small business/ (businesses with a flat
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000 copper ore a day. However‚ in the early 1990s‚ Atlas was forced to suspend its operations due to a typhoon that severely damaged its mines in Toledo. Atlas Mining now has only one (1) mill for operations. A major restructuring of the Company’s assets was undertaken in years 2004 and 2005 with the creation of three special purpose subsidiaries to develop the Toledo Copper Complex‚ Berong Nickel Project and the Toledo-Cebu Bulk Water and Reservoir Project. As a result‚ Carmen Copper Corporation
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Partnership Partnership is a long-term commitment to operate in business together. The people who own a partnership are called partners. They maintain one set of accounting records and share the profits and losses. Nature of Partnership 1. It is formed to make profits 2. It must obey the law as given in the Partnership Act 1890. If there is a limited partner‚ it must also comply with the Limited Partnership Act of 1907. 3. Normally there can be a minimum of two partners and a maximum of
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Equity In accounting and finance‚ equity is the residual value or interest of the most junior class of investors in assets‚ after all liabilities are paid; if liability exceeds assets‚ negative equity exists. In an accounting context‚ shareholders’ equity (or stockholders’ equity‚ shareholders’ funds‚ shareholders’ capital or similar terms) represents the remaining interest in the assets of a company‚ spread among individual shareholders of common or preferred stock; a negative shareholders’ equity
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sum(Balance) by left(Account‚ 2) COMPUTE sum(Balance); Kudler Fine Foods Balance Sheet November 08‚ 2010 Assets Current Assets: Cash Accounts Receivable Less: Reserve for Bad Debts Merchandise Inventory Prepaid Expenses Notes Receivable $86‚000 $0 $1‚430‚000 $86‚000 $429‚000 $26‚000 $0 Total Current Assets $1‚971‚000 Fixed Assets: Vehicles Less: Accumulated Depreciation Furniture and Fixtures Less: Accumulated
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Landlords - Pawn Brokers too‚ Now what is known to be financial systems‚ They are business organisations serving as a link between savers and investors and help in credit allocation process. They provide three transformational services - Liability‚ asset and size transformation - Maturity transformation. - Risk transformation.. Fianncial Markets what is that - It is a mechanism for trading of financial product under a policy framework. Main participant are borrowers‚ lenders and financial
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While examining the financial statements‚ more specifically the debit/asset ratio‚ I have also observed that in 2008 Wal-Mart had liability of 98‚906 million‚ and asset of 163‚514 million‚ which resulted in a debit asset ratio of .6‚ while in the year 2009 the liability declared was 98‚144 million‚ and asset of 163‚429 million which also resulted in a debit asset ratio of .6. Once again this proves stability in the debit/asset ratio in these 2 years by maintaining a steady rate of .6. In
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