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Case Study: Macy's, Inc.

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Case Study: Macy's, Inc.
Current ratio uses to evaluate the ability of the company to repay for short-term debt. If the value calculated is high, it indicates that the company has more current asset than short-term debt. Macy’s, Inc. has a current ratio of 1.3359 that ended in January 2015 (see Appendix A). The firm can use the current ratio to compared with its competitors. Nordstrom, Inc. has 1.0354 (see Appendix B). Macy’s has higher current ratio, it’s demonstrate that the company able to pay its debt.
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