RWP$5-2($Static$)$ Financial Analysis: American Eagle Outfitters, Incorporated

Financial information for American Eagle is presented in Appendix A$.$

Required:

Determine whether the trend in net sales has been increasing or decreasing for the past three years.

In which financial statement is the balance of accounts receivable reported?

Balance Sheet

Income Statement

Statement of Stockholders' Equity

Does American Eagle indicate in the balance sheet that the company likely has an allowance for uncollectible accounts?

Yes

No