Do some research to find the 2018 balance sheets for Macy’s and Nordstrom online. For each company, navigate to the company’s website, then scroll down to investors or investor relations, 2018 annual report, and locate their 2018 balance sheet. Identify and describe the company’s three most significant accounts in the following areas: Current assets Long-term asset Current liabilities Long-term liabilities Stockholders’ equity How do these two retailer’s balance sheets compare? Which company do you feel is healthier?

Answer rating: 100% (QA)

Both companies belong to the fashion industry Looking at the fin... View the full answer