Formulating Financial Statements from Raw Data Following is selected financial information from Abercrombie & Fitch for its fiscal year ended January 30, 2016 (S thousands) $1,844,461 $ 309,941 (119,504) 1,361,137 520,708 Noncash assets.... . . . . . . . . . . Cash from investing activities. .. . Cash from operating activities.... (122,567) Cash from financing activities*.... 1,137,317 1,295,722 Total expenses (other than cost of goods sold) 2,118,984 * Cash from financing activities includes the effects of foreign exchange rate fluctuations Required a. Prepare the income statement, the balance sheet, and the statement of cash flows for Abercrombie & b. Do the negative amounts for cash from investing activities and cash from financing activities concern c. Using the statements prepared for part a, compute the following ratios (for this part only, use the year Fitch for the fiscal year ended January 30, 2016. us? Explain. end balance instead of the average for assets and stockholders' equity): i. Profit margin ii. Asset turnover iii. Return on assets iv. Return on equity