Total assets of Macy's, Inc. equals $19,381 million and its equity is $5,661 million. What is the

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Total assets of Macy's, Inc. equals $19,381 million and its equity is $5,661 million. What is the amount of its liabilities? Does Macy's receive more financing from its owners or nonowners, and what percentage of financing is provided by its owners?

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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Question Posted: Oct 15, 2021 01:54 AM

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Total assets of Macy's, Inc. equals $19,381 million and its equity is $5,661 million. What is the

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Macys receives more of its financing from cr...View the full answer

Financial Accounting

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