Question: Financial information for American Eagle is presented in Appendix A at the end of the book, and financial information for Buckle is presented in Appendix

Financial information for American Eagle is presented in Appendix A at the end of the book, and financial information for Buckle is presented in Appendix B at the end of the book.

Required:
1. Calculate the debt to equity ratio for American Eagle and Buckle for the most recent year. Which company has the better ratio? Compare your calculations with those for Coca-Cola and PepsiCo reported earlier in the chapter. Which industry maintains a higher debt to equity ratio?
2. Calculate the return on assets and the return on equity for American Eagle and Buckle for the most recent year. Which company has the better profitability ratios?

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