The Following Are Totals from Selected Financial Statements of Macy

question 12

Essay

The following are totals from selected financial statements of Macy May Company for the years ended December
31, 2015, 2016 and 2017:
Required:
1) Compute the operating cash flow ratios for the years ended December 31, 2016 and 2017.
2) Compute the operating cash flow to total liabilities ratios for the years ended December 31, 2016, and 2017.

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Definitions:

Flexibility

The ability to adapt to new, changing, or challenging circumstances, often valued in both personal and professional contexts.

Reduces

To diminish in size, amount, extent, or degree, often in reference to making something less severe or complex.

Days Per Week

A measure of time used to specify the number of days something occurs within a seven-day period.

Telecommuting

A work arrangement that allows employees to perform their job duties from a remote location, typically their home, utilizing digital communication.