Teaching note for product W43443.

A final-year bachelor of commerce accounting specialist student at the University of Toronto was interviewing for a full-time job in the Deal Advisory practice at KPMG where the employer wanted to assess her ability to identify the key issues in a company through analyzing financial statements. As part of the interview process, she was required to do a financial statement analysis of Nordstrom Inc. and a brief valuation of the company using the method .....more