2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Note: Round your answers to 1 decimal place. American Eagle Investment-to-asset ratio Which company has the higher ratio? Buckle % Buckle % AMERICAN EAGLE OUTFITTERS, INC. Consolidated Balance Sheets (In thousands, except per share amounts) Assets Current assets: Cash and cash equivalents Short-term investments (available for sale) Merchandise inventory Accounts receivable, net Prepaid expenses and other Total current assets Property and equipment, at cost, net of accumulated depreciation Operating lease right-of-use assets Intangible assets, net, including goodwill Non-current deferred income taxes Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Current portion of operating lease liabilities Accrued income and other taxes Accrued compensation and payroll taxes Unredeemed gift cards and gift certificates Other current liabilities and accrued expenses Total current liabilities Non-current liabilities: Non-current operating lease liabilities Other non-current liabilities Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 166,993 and 172,436 shares outstanding, respectively Contributed capital Accumulated other comprehensive loss, net of tax Retained earnings Treasury stock, 82,573 and 77,130 shares, respectively, at cost Total stockholders' equity Total liabilities and stockholders' equity S February 1, 2020 361,930 $ 55,000 446,278 119,064 65,658 1,047,930 735,120 1,418,916 53,004 22,724 50,985 3,328,679 285,746 299,161 9,514 43,537 56,974 56,824 751,756 1,301,735 27,335 1,329,070 2,496 577,856 (33,168) 2,108,292 (1,407,623) 1,247,853 3,328,679 February 2, 2019 333,330 92,135 424,404 93,477 102,907 1,046,253 742,149 58,167 14,062 42,747 1,903,378 240,671 20,064 82,173 53,997 145,740 542,645 73,178 73,178 2,496 574,929 (34,832) 2,054,654 (1,309,692) 1,287,555 1,903,378 2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Note: Round your answers to 1 decimal place. American Eagle Investment-to-asset ratio Which company has the higher ratio? Buckle % Buckle % AMERICAN EAGLE OUTFITTERS, INC. Consolidated Balance Sheets (In thousands, except per share amounts) Assets Current assets: Cash and cash equivalents Short-term investments (available for sale) Merchandise inventory Accounts receivable, net Prepaid expenses and other Total current assets Property and equipment, at cost, net of accumulated depreciation Operating lease right-of-use assets Intangible assets, net, including goodwill Non-current deferred income taxes Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Current portion of operating lease liabilities Accrued income and other taxes Accrued compensation and payroll taxes Unredeemed gift cards and gift certificates Other current liabilities and accrued expenses Total current liabilities Non-current liabilities: Non-current operating lease liabilities Other non-current liabilities Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 166,993 and 172,436 shares outstanding, respectively Contributed capital Accumulated other comprehensive loss, net of tax Retained earnings Treasury stock, 82,573 and 77,130 shares, respectively, at cost Total stockholders' equity Total liabilities and stockholders' equity S February 1, 2020 361,930 $ 55,000 446,278 119,064 65,658 1,047,930 735,120 1,418,916 53,004 22,724 50,985 3,328,679 285,746 299,161 9,514 43,537 56,974 56,824 751,756 1,301,735 27,335 1,329,070 2,496 577,856 (33,168) 2,108,292 (1,407,623) 1,247,853 3,328,679 February 2, 2019 333,330 92,135 424,404 93,477 102,907 1,046,253 742,149 58,167 14,062 42,747 1,903,378 240,671 20,064 82,173 53,997 145,740 542,645 73,178 73,178 2,496 574,929 (34,832) 2,054,654 (1,309,692) 1,287,555 1,903,378
Expert Answer:
Answer rating: 100% (QA)
American Eagle Investment Property and Equipment net of accumulated depreciat... View the full answer
Posted Date:
Students also viewed these finance questions
-
The Gates family sign a mortgage of $310,000 to be amortized over 25 years at 4.5% c.m. (5 year term) with equal monthly payments. (a) Calculate the monthly payment b) Find the balance after the 9th...
-
Pick a method of accounting for bad debt. What do you like about it and why? give an example of a company where it makes sense to use that method? Why does it make sense? Also give an example of a...
-
Executive Home Care Franchising, LLC, sells in-home health-care franchises. Clint, Massare, and Greer Marshall entered into a franchise agreement with Executive Home Care. The agreement provided that...
-
Compare customer relationship management and supply chain management. How are they similar? How are they different? In which functional areas do they have the most impact? In answering, consider the...
-
Classify each of the following sets of data as qualitative or quantitative. a. Brand names of shoes in a consumer survey b. Scores on a multiple-choice exam c. Letter grades on an essay assignment d....
-
1. What starting point for consideration of abortion does Thomson accept? Why? 2. Describe the violinist example. What argument could be made for keeping the violinist plugged in? 3. What is the...
-
List 5 real-life examples of Recovery Capital. Why are they Recovery Capital? For individuals that you know or work with that appear to have little Recovery Capital what would you look for to assist...
-
Suppose that you have a random sample of 250 individuals. Suppose further that you can divide your sample into two sub-samples according to the position in occupation, i.e., manager and security...
-
A 12 resistor and a capacitor are connected in series with 120 volts AC power supply at 50 Hz. The current passing through the circuit is 6 A as shown below. Calculate the phase difference(p) between...
-
If u = x / (x + y), find du/dx, du/dy. If st", find as/at, s/du. If z = ln /u2 + v + w, find dz/du, dz/dv, dz/dw. For w = xy-2xy +6, find 0w/dx and aw/dy at the points where dw/dx = dw/dy = 0. For w...
-
(a) What is meant by the term agency cost? Discuss a real incident where the executives or managers of a business organisation may have undertaken some actions that you feel have led to agency costs....
-
With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a "surf lifestyle for the home." With limited capital,...
-
Marigold Manufacturing Company reported the following year-end information: beginning work in process inventory, $79100; cost of goods manufactured, $980700; beginning finished goods inventory,...
-
A large retailer obtains merchandise under the credit terms of 3/20, net 30, but routinely takes 65 days to pay its bills. (Because the retailer is an important customer, suppliers allow the firm to...
-
Refer to Exercise 8.S.I. Construct a scatterplot of the data. Does the appearance of the scatterplot indicate that the pairing was effective? Explain. Exercise 8.S.I. A volunteer working at an animal...
-
In a recent study of how mice negotiate turns, the mice ran around a circular 90 turn on a track with a radius of 0.15 m. The maximum speed measured for a mouse (mass = 18.5 g) running around this...
-
It is well known that runners run more slowly around a curved track than a straight one. One hypothesis to explain this is that the total force from the track on a runners feet the magnitude of the...
-
You are driving your car through a roundabout that has a radius of 9.0 m. Your physics textbook is lying on the seat next to you. What is the fastest speed at which you can go around the curve...
Study smarter with the SolutionInn App