Question: This IP builds upon your work in Unit 1. You will continue to analyze and interpret the financial statements for American Eagle Outfitters, Inc. Using

This IP builds upon your work in Unit 1.

You will continue to analyze and interpret the financial statements for American Eagle Outfitters, Inc. Using the financial statements (located in Appendix A: American Eagle Outfitters, Inc., 2020 Annual Report of the required textbook: Financial Accounting), review the company's assets.

Consider the following questions:

What are the cash needs of the company?
What is the value of the companys cash and cash equivalents?
What type of receivables does the company have?

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