Question: Analyze and compare J. C. Penney and Macy's J. C. Penney Company, Inc. (JCP) and Macy'S, Inc. (M) are large department store chains in the

Analyze and compare J. C. Penney and Macy's J. C. Penney Company, Inc. (JCP) and Macy'S, Inc. (M) are large department store chains in the United States. Inf companies is as follows (in millions): a. Determine the days' cash on hand for each company. Assume a 365-day year. If required, round all computations calculations. Round final answers to one decimal place. b. Which company has the better liquidity position

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