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Nike Inc and Jc Penny Summary of the company.docx

Jc penny financial performance marlon portion for

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JC Penny Financial Performance (Marlon Portion) For profitability, the company had losing profits as well as losing a wide margin. Over a five-year period, the company had continued to lose money. For JCP’s return on assets, the company had continued to lose with 2014 being the most challenging year for the company. 2017 saw a small return for JC Penny but it was hardly anything that could help move the company back to where it needs to be. The financial health of the company has stayed stagnant ever the years and with a consistently growing debt-equity ratio. For the efficiency ratio, in respect to days sales outstanding, the company didn’t have any receivables to report from the records that were recovered from the Business insight global database. The inventory turnover and asset turnover remained relatively the same. Asset turnover was positive but with small numbers. According to the common size balance sheet, the company has a lot of current assets. JC Penny being around for so long has many stores, buildings and land. The company also has high
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amount of liabilities. The company could be overstocked with product that isn’t moving. Some figures could be calculated because of missing info from database. The common size income statement indicates steadily declining income over the past 5 years.
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  • Winter '17
  • Schaefer
  • Balance Sheet, Generally Accepted Accounting Principles, Nike Inc, Nike Inc. company

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