China_Expansion_3.docx 7-2 Milestone Three Southern New Hampshire Financing and Trac

China_Expansion_3.docx    7-2 Milestone Three  Southern New Hampshire   Financing and Track Record  Financial Impact & Financing   Financing   Despite the current conditions of the market, Nordstrom has found success and it has made profit; funding the expansion throughout Canada (has contributed total sales of $300 million)”the company could internally fund its expansion plans.  Thus, the organization manages its capital structure in such manner where it allows the flexibility for strategic initiatives.  For the company™s cash and cash equivalents on-hand is $1,007 million.  The company™s available credit facilities of $800 million and potential future operating cash flows and borrowings allows for a safety net while it expands.  The company believes it has sufficient funds for potential long-term initiatives.  And, it does (Nordstrom, 2017).   Nordstrom has sufficient existing cash and cash equivalents on-hand to fund its long-term initiatives.  However, internally financing its entire operation of expansion may not be the best choice(Nordstrom, 2017).Nordstrom utilizes capital to finance its operations, make capital expenditures and acquisitions, and manage its debts.  Thus, it balances the scale of debt and internal funding.  It is of importance to weigh the pros and the cons of each.  Choosing debt forces the organization to manage for cash flow (Coplan, 2009).But, relying on internal cash flow alone may hinder the organization™s ability to successfully expand and grow.  It makes sense for a