Calculate the net profit margin for the three-years

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You are a management consultant and was commissioned by Macy's Department Store to review its profitability for the past 3-years. You are tasked with reviewing Macy's net profit margin for FY 2019, 2018, and 2017. Macy's management wants recommendations to improve its profitability.

Below are the financial statements for Macy's Department Store.

FY 2019 View Filing Data (sec.gov)

FY 2018 View Filing Data (sec.gov)

FY 2017 View Filing Data (sec.gov)

Problem a. Calculate the Net Profit Margin for the 3-years (use the information in the FY 2019 Income Statement to calculate the 3-years).  Explain to Macy's management the information communicated by the Net Profit Margin?

Problem b.
Explain to Macy's management the changes in the net profit margin from FY 2017 to FY 2018, and from FY 2018 to FY 2019. Should the management be concerned with the changing trends between the fiscal years? Please explain.

Reference no: EM133007040

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