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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

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Mario owns a store that sells skateboard equipment. Mario understands that people are most likely to notice his headline text in
Shalnov [3]
What Mario should do from including this in his headline is being considerate on how he is doing from knowing how the people are going to be apparently right to give note in his own headline he created by using a text ad.
6 0
2 years ago
(Assumptions, Principles, and Constraint) Presented below are the assumptions, principles, and
LuckyWell [14K]

The accounting principles, assumptions, and constraints describes are identified as follows: A) 7, B) 6, C) 8, D) 9, E) 1, F) 4, G) 3.

<h3>What are Accounting Principles?</h3>

These are rules or laws that govern the reporting and recording of the financial information of a business.

7 - Expense Recognition Principle: This holds the rule of thought that expenses made ought to be recorded in the books or recognized in the same time frame as the revenue transactions they are related to.

3 - Monetary Unit Principle: This law indicates that if a transaction cannot be expressed in a currency, then it shouldn't be recorded. This means "in-kind" transactions and favors hold no place in proper Financial Bookkeeping practice.

See the link below for more about Accounting Principles:

brainly.com/question/23008273

5 0
2 years ago
Income Statement (in Millions of Dollars) Net sales $100.0 Cost of sales 60.0 Selling, general, and administrative expenses 20.0
frez [133]

Answer:

the balance sheet is missing:

Balance Sheet  (In millions of Dollars)

ASSETS

Cash                                     $6.0

Accounts Receivable              14.0

Average Inventory                   12.0

Fixed Assets, net                  40.0

TOTAL ASSETS                 $72.0

LIABILITIES AND EQUITY

Accounts Payable                $10.0

Salaries and Benefits Payable   2.0

Other current Liabilities            10.0

Long-term debt                         12.0

Equity                                     38.0

TOTAL LIABILITIES AND EQUITY                     $72.0

a. Determine the length of the inventory conversion period.

  • inventory conversion period = average inventory / (COGS/365) = 73 days

b. Determine the length of the receivables conversion period.

  • receivables conversion period = accounts receivables / (net sales/365) = 51.1 days

c. Determine the length of the operating cycle.

  • length of operating cycle = 73 + 51.1 = 124.1 days

d. Determine the length of the payables deferral period.

  • length of the payables deferral period = accounts payables / (COGS/365) = 60.83 days

e. Determine the length of the cash conversion cycle.

  • cash conversion cycle = 73 + 51.1 - 60.83 = 63.27 days

f. What is the meaning of the number you calculated in Part e?

  • How long does it take to turn inventories into cash, it is a measure of asset liquidity.
8 0
3 years ago
While showing a property to an unrepresented buyer, you owe the customer the duties of dealing honestly and fairly, accounting f
adelina 88 [10]

This is also known as the three duties towards the customer DAD Dealing with Honesty. Accounting for all funds and Disclosing the material facts to the buyer.

<h3>Who is a buyer?</h3>

A buyer is a customer who purchases the goods and or services of a company through which the company generates the revenue and earn profits. The buyer plays a key role in the development and running of a company.

The buyer should be allowed to have all the information about the product or service it is going to purchase, the buyer should be informed about the market rates and the demand of the goods as this is a material fact about the product.

Therefore it is a duty that a seller owes to the buyer to deal with honesty that is not charging high price if they are unaware of the price of the product.

Learn more about Buyer at brainly.com/question/27282505

#SPJ1

7 0
2 years ago
According to the "marketing rules" we discussed in class, if you cannot be first in a product category, Group of answer choices
ozzi

Answer:

B) change your promotional campaign

Explanation:

A company should advertise that it is the no.1 selling product X in the market

8 0
2 years ago
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