Question: P 1 - 3 8 . Formulating Financial Statements from Raw Data Following is selected financial information from Abercrombie & Fitch for its fiscal year

P1-38. Formulating Financial Statements from Raw Data
Following is selected financial information from Abercrombie & Fitch for its fiscal year ended
February 3,2018($ millions):
REQUIRED
a. Prepare an income statement, balance sheet, and statement of cash flows for Abercrombie &
Fitch.
b. Determine the owner and creditor financing levels.
P1-38. Formulating Financial Statements from Raw Data Following is selected financial

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