Question: Formulating Financial Statements from Raw Data Following is selected financial information from Abercrombie & Fitch for its fiscal year ended February 3, 2018 ($ millions):

Formulating Financial Statements from Raw Data Following is selected financial information from Abercrombie & Fitch for its fiscal year ended February 3, 2018

Formulating Financial Statements from Raw Data Following is selected financial information from Abercrombie & Fitch for its fiscal year ended February 3, 2018 ($ millions): Cash Asset $675.6 Cash flows from operations 285.7 Sales 3,492.7 Stockholders' Equity 1,252.5 Cost of Goods Sold 1,408.8 Cash flows from financing (74.8) Total Liabilities 1,073.2 Other Expenses, including income taxes 2,073.4 Noncash Assets 1,650.1 Cash flows from investing (106.8) Net Income 10.5 Effect of exchange rate changes on cash 24.3 Cash, beginning year 547.2 ABERCROMBIE & FITCH BALANCE SHEET February 3, 2018 ($ millions) $ 675.6 A Cash Asset 547.2 106.8 1,252.5 0 Total Liabilities and Equity Total Assets $ $ 0 ABERCROMBIE & FITCH STATEMENT OF CASH FLOWS For Year Ended February 3, 2018 ($ millions) $ 0 A 0 0 0 Effect of exchange rate changes on cash Net change in cash 0 0 Cash, ending year $ 0

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