Question: Required a . Prepare the income statement, the balance sheet, and the statement of cash flows for Abercrombie & Fitch for the fiscal year ended

Required
a. Prepare the income statement, the balance sheet, and the statement of cash flows for Abercrombie
& Fitch for the fiscal year ended February 2,2013.
b. Do the negative amounts for cash from investing activities and cash from financing activities
concern us? Explain.
c. Using the statements prepared for part a, compute the following ratios (for this part only, use the
year-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
 Required a. Prepare the income statement, the balance sheet, and the

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