1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slega [8]
3 years ago
7

EDGAR, the Electronic Data Gathering. Analysis, and Retreival system, performs automated collection, validation, indexing, accep

tance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). All publically traded domestic companies use EDGAR to make the majority of the filings. (Some foreign companies do voluntarily.) Form 10-K, including the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet.
1. Access EDGAR on the Interneet at www.sec.gov
2. Search for Macy's. Access its 10-K filing for the year ended February 1, 2014. Search or scroll to find the financial statements and related notes. The ticket symbol for Macy's is M.
3. What is the total debt (including current liabilities and deferred taxes) reported in the balance sheet? How has that amount changed over the most recent two years?
4. Compare the total liabilities (including current liabilities and deferred taxes) with the shareholders' equity and calculate the debt to equity ratio for the most recent two years. Has the proportion of debt financing and equity financing changed recently?
5. Does Macy's obtain more financing through notes, bonds, or commercial paper? Are required debt payments increasing or decreasing over time? Is any short-term debt classified as long-term? Why?
Business
1 answer:
Anon25 [30]3 years ago
5 0

Answer:

Avon Products Inc.

All Amounts in $ million

Gross Trade Accounts Receivable at the end of the year are $ 443 million + $ 86.7 million = $ 529.7 million

The amount of Bad Debts provided for the year is $ 144.1 million.

The amount of bad debts written off during the year is $ 160.2 million.

The amount of cash collected from the Customers

Opening Gross Accounts Receivable = $ 622.50 million

Sales for the year 2015 = $ 6,076.50 million

Closing Gross Accounts Receivable = $ 529.70 million

Net Collections from Customers = $ 6,169.30 million

You might be interested in
If $15,000 is considered to be material to the income statement, but $25,000 is material to the balance sheet, the auditor shoul
Elanso [62]

Answer:

The correct option is d.

Explanation:

It is given that $15,000 is considered to be material to the income statement, but $25,000 is material to the balance sheet.

Material to the income statement = $15,000

Material to the balance sheet = $25000

The auditor should set overall materiality according to the income statement.

The auditor should set overall materiality at $15,000.

Therefore the correct option is d.

7 0
3 years ago
module 3 BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recent
maria [59]

The correct answer to this open question is the following.

You forgot to include the options for this question. However, we can answer the following.

This scenario best illustrates forward integration.

This is a case of forward integration because BlockWood Inc., which was facing similar difficulties with other buyers too, eventually stopped supplying raw materials and took to manufacturing furniture instead. SO they decided to fabricate their own furniture.

Companies make this decision as a process of vertical integration to expand and grow their business. In this case to produce and control their own products, eliminating the retailer that had decided to pay less money for the raw materials.

So now, Blockwood Inc. has the challenge to design and sell the products it is fabricating.

6 0
3 years ago
Which factor or factors listed below are internal influences on a loan’s interest rate?
Romashka-Z-Leto [24]
There is only one factor listed here that is internal influeence on a loan's interest and that is the secind one, which is called collateral offered by the borrower. The rest of them are not internal influences, they are a little bit more of external. Hope this works
6 0
3 years ago
Read 2 more answers
Ida works on creating ways to ensure that customers receive goods at the right time and correct location. ida is involved in her
dalvyx [7]

disturbution, in marketing this is how we get the product to conumers

6 0
3 years ago
In determining whether to issue a loan, banks are not allowed to ask about an applicant’s
krok68 [10]
In determining whether to issue a loan, banks are not allowed to ask about an applicant’s <u>country of origin.
</u>
<u />This is so as to prevent banks from stereotyping people and basing their decision on the person's country of origin. All people should be equal when it comes to getting the credit or not, as the decision should be based only on the income and the appropriate factors other than descent. <u>
</u>
8 0
3 years ago
Other questions:
  • What is the National Labor Relations Board responsible for?
    9·1 answer
  • What might explain why the restaurant isn't named in the lawsuit?
    5·1 answer
  • The deprecation method that charges more expenses in earlier years than in later years is
    14·2 answers
  • During June, Briganti Corporation purchased $81,000 of raw materials on credit to add to its raw materials inventory. A total of
    6·1 answer
  • If the price elasticity of demand coefficient is 4, then:a. a price increase of 1% will reduce quantity demanded by 1/4%b. A pri
    13·1 answer
  • Cost reduction is still the number one priority for many supply chain executives, according to the MHI and Deloitte survey. Sele
    14·1 answer
  • Flint Inc. has decided to purchase equipment from Central Michigan Industries on January 2, 2017, to expand its production capac
    15·1 answer
  • Summarize the purpose of hyperlinks and how to add them to a document.
    7·1 answer
  • Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
    13·1 answer
  • How much can Azco Autosystems, Inc., afford to spend on an energy management system if the software will save the company $21,30
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!