Finding Financial Information Refer to the financial statements of American Eagle given in Appendix B at the end of this book Required 1 What is the amount of accrued compensation and payroll taxes at the end of the most recent reporting year 2 By what amount did accounts payable change over the most recent reporting year How did this change in accounts payable affect cash flows from operating activities during the most recent reporting year 3 What is the amount of long term liabilities at the end of the most recent reporting year 4 Describe the companys policy if gift cards are not redeemed

Question: Finding Financial Information Refer to the financial statements of American Eagle given in Appendix B at the end of this book. Required: 1. What is

Finding Financial Information Refer to the of American Eagle given in Appendix B at the end of this book.
Required:
1. What is the amount of accrued compensation and payroll taxes at the end of the most recent reporting year?
2. By what amount did change over the most recent reporting year? How did this change in affect cash flows from operating activities during the most recent reporting year?
3. What is the amount of long-term liabilities at the end of the most recent reporting year?
4. Describe the company’s policy if gift cards are not redeemed.

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