Home / Questions / UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. 20549 (Mark One) FORM 10-K
Financial Statement Analysis (20 Points)
Instructions:
• Refer to the (annual) financial statements for NORDSTROM posted on the course site.
• You should also read Item #7 – “Management’s Discussion and Analysis of Condition and Results of Operations” (pgs. 19 – 46) in the company’s 10K Form (2011) to complete this assignment.
a) Using the first approach discussed in my Chapter 2 handout calculate the relevant liquidity ratios for 2010 and 2011, and compare their evolution during this period.
a) Did the firm’s liquidity improve between 2010 and 2011?
b) What factors contributed to this trend? Explain.
b) Using the second approach, calculate the relevant liquidity ratios for 2010 and 2011, and compare their evolution during this period.
a) Did the firm’s liquidity improve between 2010 and 2011?
b) What factors contributed to this trend? Explain.
c) Calculate NORDSTROM’S profitability ratios for 2010 and 2011, and discuss their evolution during this period.
a) Based on your analysis, has management’s ability to generate operating profits on the firm’s assets improved? Explain.
d) Calculate the relevant asset management ratios for NORDSTROM for 2010 and 2011.
a) Based on your calculations, explain what happened to firm’s ability to manage its assets effectively.
e) Retail performance metrics:
a) Based on the information provided in the company’s 10K Form, discuss the evolution of NORDSTROM’S sales per square foot, and retail selling, general, and administrative expenses per square foot between 2010 and 2011.
Nov 06 2017 Read more Less More
A proposed building is to have three levels of underground parking, as shown in Figure 11.30. To construct this building, it will be necessary to make a 10.0 m excavation...
Jul 11 2020Pastor Martin received a total of $40,000 and Ministry earnings $28,000 salary for Ministry Services, $2,000 for performing weddings, and $10,000 tax free parsonage allow...
Feb 08 2020Averette & Averette, a local dental practice, currently makes its own dentures for customers. The dental practice has one part-time employee who comes in weekly to make d...
Jan 09 2020Suppose that X and Y represent the amount of money in the wallets of players A and B, respectively. Let X and Y be jointly uniformly distributed on the unit square [0, 1]...
Aug 03 2020Which of the following statements about a monopoly firm are true? (Check all that apply.) It faces a downward-sloping demand curve. Its long-run average total cost curve ...
Apr 23 2020A closed economy with flexible prices is currently in its long-run equilibrium. Suppose the country discovers a large oil reserve. As a result, the oil price falls signif...
Apr 30 2020Lead Management had given Saila a very tight deadline and she wanted to get the job done as quickly as possible. Saila was well versed with the job to be completed, havin...
Dec 25 2017The bell crank, which is in equilibrium under the forces shown in the figure, is supported by a 20-mm-diameter pin at D that is in double shear. Determine The required di...
May 16 2020TRUE/FALSE1.When a company receives a product previously ordered, a recordable transaction has occurred.2.When a business hires a new employee, a recordable transaction h...
Jan 11 2020Darringer Products manufactures recreational equipment. One of the company’s products, a skateboard, sells for $42.00. The skateboards are manufactured in an antiquated p...
May 14 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.
