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 infor 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 ventory tumover ratio and therefore lower average days in inventory? 3. Which company's 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 Requirement 3 change? Complete this question by entering your answers in the tabs below. Which company o operations are more profitable using the oross profit ratio: RWP6.4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle Financialinformation for American Eagle is presented in Appendix A at the end of the book, and financial inforn presented in Appendix B at the end of the book. Required: 1. Oetermine the inventory balance as a percentage of total assets for American Eagle and Buckle? 2. Which company has o higher inventory tumover ratio and therefore lower average days in inventory? 3. Which companys operations are more profitable using the gross profit ratio? 4. Considering the sompanies ratio of operating expenses (other than cost of goods sold) to net sales, does youm Requirement 3 change? Complete this question by entering your answers in the tabs below. Requirement 3 change? THE BUCKLE, INC. CONSOIDDATED BALANCE SHERTS (Amoants is Thousunds Excopt Share and Fer Stare Ameunts) ASSETS Cass wat cach squvalon: Recctrables: Invilory Tolat currets ancts Titatancts coxustiantailis. Aceodits pus als \begin{tabular}{|c|c|c|c|} \hline \multirow[t]{11}{*}{5} & 36,+21 & 5 & myos \\ \hline & 22,929 & & 2 rose \\ \hline & 17,237 & & 17,42 \\ \hline & is 110 & & 1664 \\ \hline & 80,314 & & \\ \hline & 2,74 & & sin \\ \hline & 172.54 & & actin \\ \hline & & & Bers \\ \hline & zolys & & z= \\ \hline & & & 20.23 \\ \hline & A7k.14? & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline & 20 & 4N \\ \hline & & insin \\ \hline & & ansen \\ \hline & & hom \\ \hline , & & yring \\ \hline \end{tabular} THE BUCKLE, INC, CONSOUDATED STATEMENTS OF INCOME (Amounts in Thousands Except Per Share Anouats) RRINTILARIIIILS: cocouns pryable Aecroned emplog oc courporatica hia cortilinases reblecinable Cincent ponica of operitine lewo lisbitilies (Note D) Droenc inues puyable (Nole of Total currest liabilitis Total lishifies Asthional ruitio opit] Rouinet vatsing: NPG-4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle inancial information for American Eagle is presented in Appendix A at the end of the book, and financial information for 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 highe inventony tumover tatio and therefore lower average days in inventory? 3. Which company's operations are more profitable using the gross profit ratio? 4. Considering the compantes fatio of operating expenses (other than cost of goods sold) to net sales, does your answer to Requirement 3 change? Complete this question by entering your answers in the tabs below. Which company hag a higher inventory timover ratio and thocofore lower average days in inventory? RWP6.4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle Finoncialinformation for American Eagle is piesented in Apoet dix A of the end of the book and financial information for Euckle is presented in Apgendix B at the end of the book Required: 1. Deteminethe inventory bahance as a percentage of total assets tor Amcrican Eagle and Bucle? 2. Which compeny hes a higher inventory tumover rotio and theiefore lower overpge days in inventory? 3. Which compary's opelations are more profitable using the gross pioft rotio? inguiement 3 change? complete this question by entering your answers in the tabs below. ifecinal doeces. APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Operations Peter to Nores 15 Conscldaled Finanoa sGiencents AMERICAN EAGLE OUTFITTERS, INC, Consolidated Balance Sheets 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 infor 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 ventory tumover ratio and therefore lower average days in inventory? 3. Which company's 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 Requirement 3 change? Complete this question by entering your answers in the tabs below. Which company o operations are more profitable using the oross profit ratio: RWP6.4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle Financialinformation for American Eagle is presented in Appendix A at the end of the book, and financial inforn presented in Appendix B at the end of the book. Required: 1. Oetermine the inventory balance as a percentage of total assets for American Eagle and Buckle? 2. Which company has o higher inventory tumover ratio and therefore lower average days in inventory? 3. Which companys operations are more profitable using the gross profit ratio? 4. Considering the sompanies ratio of operating expenses (other than cost of goods sold) to net sales, does youm Requirement 3 change? Complete this question by entering your answers in the tabs below. Requirement 3 change? THE BUCKLE, INC. CONSOIDDATED BALANCE SHERTS (Amoants is Thousunds Excopt Share and Fer Stare Ameunts) ASSETS Cass wat cach squvalon: Recctrables: Invilory Tolat currets ancts Titatancts coxustiantailis. Aceodits pus als \begin{tabular}{|c|c|c|c|} \hline \multirow[t]{11}{*}{5} & 36,+21 & 5 & myos \\ \hline & 22,929 & & 2 rose \\ \hline & 17,237 & & 17,42 \\ \hline & is 110 & & 1664 \\ \hline & 80,314 & & \\ \hline & 2,74 & & sin \\ \hline & 172.54 & & actin \\ \hline & & & Bers \\ \hline & zolys & & z= \\ \hline & & & 20.23 \\ \hline & A7k.14? & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline & 20 & 4N \\ \hline & & insin \\ \hline & & ansen \\ \hline & & hom \\ \hline , & & yring \\ \hline \end{tabular} THE BUCKLE, INC, CONSOUDATED STATEMENTS OF INCOME (Amounts in Thousands Except Per Share Anouats) RRINTILARIIIILS: cocouns pryable Aecroned emplog oc courporatica hia cortilinases reblecinable Cincent ponica of operitine lewo lisbitilies (Note D) Droenc inues puyable (Nole of Total currest liabilitis Total lishifies Asthional ruitio opit] Rouinet vatsing: NPG-4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle inancial information for American Eagle is presented in Appendix A at the end of the book, and financial information for 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 highe inventony tumover tatio and therefore lower average days in inventory? 3. Which company's operations are more profitable using the gross profit ratio? 4. Considering the compantes fatio of operating expenses (other than cost of goods sold) to net sales, does your answer to Requirement 3 change? Complete this question by entering your answers in the tabs below. Which company hag a higher inventory timover ratio and thocofore lower average days in inventory? RWP6.4 (Static) Comparative Analysis Continuing Case - American Eagle vs. Buckle Finoncialinformation for American Eagle is piesented in Apoet dix A of the end of the book and financial information for Euckle is presented in Apgendix B at the end of the book Required: 1. Deteminethe inventory bahance as a percentage of total assets tor Amcrican Eagle and Bucle? 2. Which compeny hes a higher inventory tumover rotio and theiefore lower overpge days in inventory? 3. Which compary's opelations are more profitable using the gross pioft rotio? inguiement 3 change? complete this question by entering your answers in the tabs below. ifecinal doeces. APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Operations Peter to Nores 15 Conscldaled Finanoa sGiencents AMERICAN EAGLE OUTFITTERS, INC, Consolidated Balance Sheets