Appendix A

https://investors.ae.com/financials-filings/default.aspx#financial-annual

Appendix B

https://corporate.buckle.com/investor-relations/financials/annual-reports/default.aspx

1. Go to your e-book and find Appendix A and Appendix B to answer the following questions about the annual reports of American Eagle and the Buckle (two clothing and fashion retailers). A annual report is used to communicate a publicly company's accounting information to its shareholders (we will learn all the details as the class progresses). Find the financial statements on the annual reports and answer the following questions.
   • Which company has higher total assets? What are the total assets for that company?
   • Which company has higher total liabilities? What are the total liabilities for that company?
   • What relevant information do total assets and total liabilities provide to creditors considering whether or not to loan money to these companies? (you can answer in general you don't need to be specific to each company)
   • Which company reports higher net income? What is the net income for that company? Do you think this always means this company is more profitable than the other one? Explain. Remember discussion boards are graded on reasonable effort so just give your best idea here.