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Accounting and Finance: Managerial Use and Analysis

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Accounting and Finance: Managerial Use and Analysis
Rahul Balhara
Accounting and Finance: Managerial Use and Analysis MAR12 Sec C
Financial Statement Analysis Project -- A Comparative Analysis of Kohl’s Corporation and J.C. Penney Co MAR12 Sec C
Analysis of Kohl’s Corporation and J.C. Penney Corporation

J.C. Penney was founded by James Cash Penney in 1902. This Plano, Texas based company is presently providing family apparel and footwear, accessories, jewelries, beauty products and home furnishings via 1,100 department stores as of December 7, 2011 in the United States and Puerto
Rico. The company is also taking advantage of technology by making JC
Penney's products available online through its Internet Web Site jcpenney.com. This more than a century old company also provides styling salon, optical, portrait photography and custom decorating services. The
159,000 present employees are dedicated in rendering outstanding service in the world of retail.
Kohl's Corporation presently operates 1,127 department stores in 49 states.
This Wisconsin based corporation serves the Unites States via traditional and online shopping (kohls.com). It offers private, exclusive and national branded apparel, footwear and accessories for men, women and children.
The company was founded by Max Kohl in 1962 in Brookfield, WI. Today,
30,000 employees are dedicated in leading a family-focused and value- oriented store in the United States.

Kohl's Corporation
J.C. Penney Corporation
Earnings per share
As given in the income statement
$3.67
Current ratio Current assets
Current liabilities
$5,645,000,000
$2,710,000,000
=
2.08
$6,370,000,000
$2,647,000,000
Gross Profit Ratio
Gross profit Net Sales $7,032,000,000 =
$18,391,000,000
38.24% $6,960,000,000
$17,759,000,000

Profit margin ratio
Net Income Net Sales $1,114,000,000 =
$18,391,000,000
6.06% $389,000,000
$17,759,000,000
Inventory Turnover
Cost of Goods Sold
Average Inventory
$11,359,000,000
$2,979,500,000

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