Question

American Eagle Outfitters Inc. operates over 1,000 specialty retail stores, selling clothing such as denim, sweaters, t-shirts, and fleece outerwear. The following asset and liability data (in millions) were adapted from recent financial statements.


1. Compute working capital for Years 2 and 1.
2. Compute the current ratio for Years 2 and 1. Round to one decimal place.
3. Compute the quick ratio for Years 2 and 1. Round to one decimal place.
4. Analyze and assess any changes in liquidity for Years 2 and1.


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  • CreatedMarch 11, 2014
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