APPENDIX A American Eagle Outfitters, Inc., $2020$ Annual Report

AMERICAN EAGLE OUTFITTERS, INC.

Consolidated Statements of Operations

Refer to Notes to Consolidated Financial Statements AMERICAN EAGLE OUTFITTERS, INC.

Consolidated Statements of Comprehensive Income

Refer to Notes to Consolidated Financial Statements THE BUCKLE, INC

CONSOLIDATED BALANCE SHEETS

$($Amounts in Thowcands Eseept Share and Per Share Amounts$)$

ASSETS

CURRENT ASSET$$:

LABIITIES AND STOCKHOLDEIES' EOUITY

CURRENT LIABILIIES:

COMMITMENTS $($Noes F and I$)$

SIOCKHOLDERS' EQUITY $($Note KJ:

Common stock, authorized $100,000,000$ shares of $5\mathrm{.}01$ par value; $49\mathrm{.}205,681$ and $49,017,395$ shares insuod and outsianding

at Fitruxy $1,2000$ and Fitruary $2,2019,$ respextivelyTHE BUCKLE, INC

consolidatidstatimints of incosie

$\backslash$table$[[,$Fied Years Ealod$],[$Fellinsery $1.2303,$Fehrueg $2.2019,$Febrasy A Insts$],[5,900254,5,885\mathrm{.}406,8,913\mathrm{.}383],[,,922+90,,513\mathrm{.}423,,393,397],[$Gism pafie,,$377\mathrm{.}474,,366\mathrm{.}073,,38+103],[$CPIRNTING ENOENSES:$],[$Sciling$,,34\mathrm{.}450,,200\mathrm{.}002,,208,$ ces$],[4$ knol end atrinivitive,,$41\mathrm{.}497,,43\mathrm{.}113,,39\mathrm{.}877],[,245\mathrm{.}377,,245\mathrm{.}145,,245,445],[,,,,,],[$INCOME FBOM COERATIONS,,$131\mathrm{.}497,,120\mathrm{.}525,,134,95],[$OLHE P$*$COME$,,6\mathrm{.}210,,5,715,,9,400],[$INGCODE BHOSE INCOME TANES,,$137397,,125544,,139,485],[,,33\mathrm{.}275,,31,005,,43,715],[$NET TNCOME,$5,134\mathrm{.}429,5,55\mathrm{.}65,$$$,83,700],[],[$Ravip$,5,215,5,1\mathrm{.}97,$$$,1\mathrm{.}85],[$Dalad$,5,214,8,197,3,185]]$

$8-6$

APPCNDIX The Duckde, Inc., $2020$ Annual Report

THE BuckLE, inc.

CONSOLIDATID STATEMENTS OF COMPRIMESIVE EWCOSIE $($Unsenes in Thesand$)$

$\backslash$table$[[$NEI Nacave,Fincal Yean Eeded$],[$Felhruary $1,$

$2920,$Fitereary $2.2019,$Filtereary $3.2318],[4,10425,8,55$ave,$8,20\mathrm{.}20],[],[,,=,,84,,)],[$Btar congadiverike lacosas,,$-,,34,,(7)],[$COMT$*$HIPMeve INcCout:,$3,104294,8,59$ wt$,8,80\mathrm{.}20]]$RWP$9-4($Static$)$ Comparative Analysis Continuing Case $-$ American Eagle vs$.$ The Buckle

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:

$1-$a$.$ Calculate the debt to equity ratio for American Eagle and Buckle for the most recent year.

$1-$b$.$ Which company has the riskier ratio?

$2-$a$.$ Calculate the return on assets for American Eagle and Buckle for the most recent year.

$2-$b$.$ Which company appears more profitable?