Part D- summary and conclusion
Instructions
Part D should include the following information:Please include a summary of financial performance, recommendations, and conclusions.Would you advise a friend to invest in either of these two companies? Why or why not? You only need to do summary of financial performance.
Answer
Part D- Summary and Conclusion Summary Macy's and Kohl's are department stores that offer both essential and non-essential goods. The quantity offered is subject to the level of income of the people that they serve. The sales volumes are determined by the income of their clients from various economies. They vary due to economic factors like; Gross Domestic Product, unemployment and inflation. When GDP is higher, inflation is low and unemployment low, the sales volume increase appropriately. This illustrates that the financial performance of the two companies depends on the economic status of the economies that they serve. The financial statements indicate that Kohls is more profitable than Macy's. As of 1 February 2020, Kohl's attained a net profit of $691 while Macys attained $564. This...
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