Neiman Marcus is the Company of choice.Performance Measurements To prepare: • Review the major sections of Item 7 of the 10-K for the company you selected in the Week 1 Assignment. • Identify four...

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Neiman Marcus is the Company of choice.Performance Measurements To prepare: • Review the major sections of Item 7 of the 10-K for the company you selected in the Week 1 Assignment. • Identify four different performance measurements that management discusses in its review in this section. • Compare these performance measurements to those found in this week’s modules from the course text. Submit by Day 7 a 4-page analysis of the four performance measurements you selected in the company’s SEC 10-K Item 7.
Answered Same DayNov 05, 2021

Answer To: Neiman Marcus is the Company of choice.Performance Measurements To prepare: • Review the major...

Preeta answered on Nov 07 2021
137 Votes
Form 10K of Neiman Marcus Group LTD LLC for the dated 28th July, 2018, has been analyzed to reach the following conclusions.
In the form, the financial conditions of the company have been depicted under the p
art 7. Under part 7 of the form 10K, the company has disclosed all the details about the subsidiaries and acquisition made by the company.
Separate details have been given regarding investment and strategic initiatives; summary of all the results of operation like revenues, cost of goods sold including buying and occupancy costs, selling, general and administrative expenses; liquidity; outlook; summary of the performance; key factors that affect different results for revenue, cost of goods sold including buying and occupancy costs, selling, general and administrative expenses, income from credit card programs, details of impairment of intangible assets which have indefinite life like goodwill and other long lived assets, effective income tax rate; seasonality.
Under this same part the operational results for the fiscal year ended July 28, 2018 with the operational results for the fiscal year ended July 28, 2017. The operational performance have been segregated further into separate parts like revenue; cost of goods sold including buying and occupancy costs; selling, general and administrative expenses; income from credit card programs; depreciation and amortization expenses; other expenses; operating earnings (loss); net interest expense; income tax benefit.
Again the operational results for the fiscal year ended July 28, 2017 with the operational results for the fiscal year ended July 28, 2016 and further segregation has been done under the above mentioned parts.
Further details have been given about liquidity and capital resources; financing structure followed for the year 2018 including revolving credit facilities, senior secured term loan facility, cash pay notes, PIK toggle notes, debentures which will mature in 2028, interest rate swaps; non-GAAP financial measures; inflation and deflation; contractual obligations and commitments; off-balance sheet...
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