Question

Hello, I need a help with the following question. I need to calculate current ratio, liabilities-to-equity...

Hello,

I need a help with the following question. I need to calculate current ratio, liabilities-to-equity ratio, and Return on equity in % for 2018 and 2019 using data from 2017. I don’t know how it can be possible. Please, show me how to calculate it! To calculate these ratios, I am given only these information. There is no additional information available.

Macy’s

2019

2018

Current Assets

$2,959

$3,451

Current Liabilities

$1,942

$2,369

Net Income/Loss

$(255)

$(118)

Total assets 2017

$9,118.00

Total Stockholders’ equity 2017

$1,345.00

Calculate:

February 2,2019

February 3, 2018

Current Ratio

Liabilities-to-equity

Return on Equity in %

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