Calculate the debt to equity ratio

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Reference no: EM131153634

Solvency Analyses for Nordstrom, Inc.
The following information was obtained from the comparative financial statements included in Nordstrom's Form 10-K for its 2011 fiscal year. (All amounts are in millions of dollars.)

1145_financial statement.gif

Required:
1. Using the information provided, compute the following for the years ended January 28, 2012, and January 29, 2011:

For requirements (a)-(c), round your answers to two decimal places.

For requirement (d), the cash flow from operations to capital expenditures ratio, round raw calculations to three decimal places.

Then, enter your answer as a percentage rounded to one decimal place;

for example, 2.3742 rounds to 2.374 and would be entered as 237.4, indicating 237.4%.

	For the year ended January 28, 2012		For the year ended January 29, 2011
a. Debt-to-equity ratio (at each year-end)		to 1		to 1
b. Times interest earned ratio		to 1		to 1
c. Debt service coverage ratio		times		times
d. Cash flow from operations to capital expenditures ratio		%		%

Reference no: EM131153634

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