Question: answer 1-6 Financial information for American Eagle is presented in at the end of the book. Required: 1. For the most recent year, what is









Financial information for American Eagle is presented in at the end of the book. Required: 1. For the most recent year, what is the amount of inventory in the balance sheet? 3. For the most recent year, what is the amount of cost of goods sold in the income statement? 4. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent year. 5-a. Calculate American Eagle's gross profit ratio for each of the three years. 5-b. Do you notice any trend? 6. For the most recent year, calculate American Eagle's ratio of operating expenses (other than cost of goods sold) to net sa Complete this question by entering your answers in the tabs below. For the most recent year, what is the amount of inventory in the balance sheet? (Enter answer in thousands of dollars.) APPENDIX A American Eagle Outfitters, Inc, 2020 Annual Report AMERICAN EAGLE OUTFITTERS, INC. Refer to Notes to Consolidated Financial Statements APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report FITTERS, INC. of Comprehensive Income Refer to Notes to Consolidated Financial Statements AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Stockhoiders' Equity (1) 600,000 authorized, 249,566 issued and 166,993 outstanding, 50.01 par value common stock at February 1, 2020, 600,000 authorized. 240.566 issued and 172,436 outstanding, $0.01 par value common stock at February 2, 2019; 600,000 autherized, 249,566 issued and 177,316 outstanding. $0.01 par value common stock at February 3,2018;600,000 authonzed, 249,566 issued and 181,886 outstanding. so.01 par value common stock at January 28, 2017. The Company has 5,000 authorized, with none issued or outstanding, 30.01 par value preferred stock for all periods presented. (2) 82,573 shares, 77,130 shares and 72,250 shares at February 1, 2020, February 2,2019 and February 3, 2018 respectively. During Fiscal 2019, Fiscal 2018, and Fiscal 2017, 1,324 shares, 3,363 shares, and 2,301 shares, respectively, were reissued from treasury stock for the issuance of share based payments: AMERICAN EAGLE OUTFITTERS, INC. Financial information for American Eagle is presented in Appendix A at the end of the book: Required: 1. For the most recent year, what is the amount of inventory in the balance sheet? 3. For the most recent year, what is the amount of cost of goods sold in the income statement? 4. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent year. 5-a. Calculate American Eagle's gross profit ratio for each of the three years. 5-b. Do you notice any trend? 6. For the most recent year, calculate American Eagle's ratio of operating expenses (other than cost of goods sold) to net Complete this question by entering your answers in the tabs below. For the most recent year, what is the amount of cost of goods sold in the income statement? (Enter answer in thousands of dollars.) Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1. For the most recent year, what is the amount of inventory in the balance sheet? 3. For the most recent year, what is the amount of cost of goods sold in the income statement? 4. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent year. 5-a. Calculate American Eagle's gross profit ratio for each of the three years. 5-b. Do you notice any trend? 6. For the most recent year, calculate American Eagle's ratio of operating expenses (other than cost of goods sold) to net sal Complete this question by entering your answers in the tabs below. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent year. (Use 365 days. Round your answers to 1 decimal place.) Financial information for American Eagle is presented in Appendix A at the end of the book Required: 1. For the most recent year, what is the amount of inventory in the balance sheet? 3. For the most recent year, what is the amount of cost of goods sold in the income statement? 4. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent yeat. 5-a. Calculate American Eagle's gross profit ratio for each of the three years. 5-b. Do you notice any trend? 6. For the most recent year, calculate American Eagle s ratio of operating expenses (other than cost of goods sold) to net s Complete this question by entering your answers in the tabs below. Calculate American Eagle's gross profit ratio for each of the three years. (Round your answers to 1 decimal place.) Financial information for American Eagle is presented in Appendix A the end of the book Required: 1. For the most recent year, what is the amount of inventory in the balance sheet? 3. For the most recent year, what is the amount of cost of goods sold in the income statement? 4. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent year 5-a. Calculate American Eagle's gross profit ratio for each of the three years. 5-b. Do you notice any trend? 6. For the most recent year, calculate American Eagle's ratio of operating expenses (other than cost of goods sold) to net s Complete this question by entering your answers in the tabs below. Do you notice any trend? Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1. For the most recent year, what is the amount of inventory in the balance sheet? 3. For the most recent year, what is the amount of cost of goods sold in the income statement? 4. Calculate American Eagle's inventory turnover ratio and average days in inventory for the most recent year 5-a. Calculate American Eagle's gross profit ratio for each of the three years: 5-b. Do you notice any trend? 6. For the most recent year, calculate American Eagle's ratio of operating expenses (other than cost of goods sold) to net Complete this question by entering your answers in the tabs below. For the most recent year, calculate American Eagle's ratio of operating expenses (other than cost of goods sold) to net sales. (Round your answer to 1 decimal place.)
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