This IP builds upon your work in Units $1,2,$ and $3.$

You will continue your industry research by evaluating long$-$term liabilities and equity using industry examples. Using the financial statements $($located in Appendix A: American Eagle Outfitters, Inc., $2020$ Annual Report of the required textbook: Financial Accounting$),$ review and compare the liabilities and equity of each company. Consider the following questions:

What are the significant liabilities of each company? Are they current or long$-$term?

What types of financing does each company rely on$?$

What is the equity structure of each company?