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
Required:
1. Calculate American Eagle’s cash return on assets, cash flow to sales, and asset turnover ratio.
2. Calculate Buckle’s cash return on assets, cash flow to sales, and asset turnover ratio.
3. Which company is doing better based on cash return on assets? Which company has the higher cash flow to sales? Which company has the higher asset turnover?
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