Please Review the attachment in detail. Will require a plagiarism report and knowledge in excel.
Provide a summary of the issue that J.C. Penny faces. Assume the role of Alicia Smith, prepare a 3-5-page memo that analyzes the financial condition of JCP. Included in the memo should be a section describing the company’s liquidity, asset management, debt management, profitability, market value, and your recommendations to JCP. Make sure that you include the heading of each section in your report. Also, include the following financial exhibits in excel:
• A written summary of the company’s financial position and a decision of whether JCPenney should continue their current course of action or change direction.
o Vertical (common size) analysis of income statement and balance sheet
o Horizontal (percent-change) analysis of income statement and balance sheet
o Complete Ratio Analysis and Industry comparison. For each area, the students need to determine if the strategic changes made have resulted in an improved and worsening financial position for the company.
▪ company’s liquidity,
▪ asset management,
▪ debt management,
▪ profitability
▪ market value
• Also give a summary update on how JC Penney performed in 2019? What is new for JCP? How did they react when other retailers went bankrupt? Are these changes reflected in Sales and Profit? How was JC Penney impacted by Covid-19? In May 2020, JC Penney filed for bankruptcy. What did this entail?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more