RWP6-4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle Financial information for American Eagle is presented in Appendix A at the end of the book, and financial information for Buckle is presented in Appendix B at the end of the book. Required: 1. Determine the inventory balance as a percentage of total assets for American Eagle and Buckle? 2. Which company has a higher inventory turnover ratio and therefore lower average days in inventory? 3. Which companys operations are more profitable using the gross profit ratio? 4. Considering the companies ratio of operating expenses (other than cost of goods sold) to net sales, does your answer to Requirement 3 change