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 sa Complete this question by entering your answers in the tabs below. For the most recent year, calculate American Eagls ratio of operating expenses (other than cost of goods sold) to net sales. (Round your answer 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 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, calculate American Eagls ratio of operating expenses (other than cost of goods sold) to net sales. (Round your answer to 1 decimal place.)