Question

Analyze the financial position of Kohl’s. Find at least two resources other than the financial statement,...

Analyze the financial position of Kohl’s. Find at least two resources other than the financial statement, provide information regarding the company. Prepare an overview of what is revealed about the company by these resources, including any items that you find unusual.

Homework Answers

Answer #1

Answer : Following are two resources other than the financial statement that provide information regarding the company;

1. Financial ratios : Financial ratios may be used to evaluate the financial position of the company. Example, Liquidity ratio measures the availablity of cash to pay debt and Activity ratio measures how quickly a company converts non-cash assets to cash assets.Financial ratios may be used to compare the strenght and weaknesses in various companies.

2. Tax returns : Tax returns provide the earning poteintial of the company and rate of return of the company with the industry's rate of return. It also provide different resources of income of the company.

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