Macys vs Nordstroms

Financial Statework forcet Analysis: Macys Inc. vs. Nordstrom, Inc. MACYS, INC. a. Macys, Inc. is a sell organization operating retail stores and Internet websites under deuce brands (Macys and Bloomingdales) that sell a wide range of merchandise, including mens, womens and childrens apparel and accessories, cosmetics, home furnishings and other consumer goods. Macys competitors accept other middle priced-ranged department stores including Nordstrom, Bed Bath & Beyond, Belk, Bon Ton, Burlington cake Factory, Dillards, Gap, J.C. Penney, Kohls, Limited, Lord & Taylor, Neiman Marcus, Nordstrom, Saks, Sears, Target, TJ Maxx and Wal-Mart. p. 4, 10-K b. Macys monetary year ends on the Saturday that is close at hand(predicate) to January 31st of each year. For 2010 it ended on January 29th, 2011. For 2009 it ended on January 30th, 2010. For 2008 it ended on January 31st, 2009. c. Depreciation of owned properties is provided primarily on a straight-line basis over the estimated asset lives, which range from xv to fifty eld for buildings and building equipment and three to fifteen years for fixtures and equipment. F-10, 10-K d. Merchandise inventories are valued at the lower of hail or market using the last-in, first-out (LIFO) retail inventory method. p.

23 and F-17, 10-K e. The largest source of cash from financing activities was through the issuance of park stock-taking providing $43 million. F-7, 10-K f. The largest amount of cash used for investment activities was $339 million dollars on purchasing property and equipment in 2010. p.20, F-7, 10-K g. The stock price at the end of the 2010 fiscal year was $22.99(Jan 28, 2011) compared to $15.93 at the beginning of the fiscal year (Jan 29, 2010). Company stock was at a low point at the beginning of the 2010 fiscal year. It reached its peak value of $23-$24 around April-May 2010. The stock reached a low point of $17 around mid-July. By wee November it reached $25-26. It was quite stable from November to the... If you want to get a plentiful essay, order it on our website: Orderessay

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