Here are the directions to access the information to get to the numbers needed to
get these figured out:
1. go to www.sec.gov (Links to an external site.)Links to an external site.
2. click on "Filings" in the menu bar across the top
3. click on "company filings search"
4. in the FAST SEARCH box on the far right type in "AEO" for the ticker and click "search" for American Eagle. For Buckle type in "BKE".
5. in the "filings" column on the far left look for the most recent "10­K" filing and click on the "interactive data" link for the 10­K annual report in the "format" column
6. in the yellow box on the far left click on "financial statements" and the item will expand
7. select the Financial statement(s) that you need to review to find the answer to the questions (these are the questions I am stuck on)
Question 171 pts
For the most recent year, American Eagles gross profit % is higher than Buckles gross profit %.
True
False Question 181 pts
In the Summary of Significant Accounting Policies under Property and Equipment, what is the estimated useful life for buildings? Question 191 pts In the Notes Tables section for Property and Equipment, what is the Total cost/book value of all Property & Equipment, net of accumulated depreciation at January 28, 2017?
$17.9 million
$1.88 billion
$707.8 million
$703.6 million Question 201 pts
Examine the Notes Tables section for Intangible Assets and answer the following:
1. what is American Eagles intangible asset?
2. What is it’s recorded cost/book value net of accumulated amortization at January 28, 2017?
Patent; $67.3 million
Copyright; $68.9 million
Trademark; $51.8 million
Trademark; $49.3 million Question 211 pts
Calculate the Current ratio for American Eagle & Buckle. Which company has the better current ratio?
American Eagle
Buckle
Ratios are the same
None of the above Question 221 pts
Compare the current ratios of American Eagle & Buckle in #1 above to the current ratios
of United Airlines and United Airlines on Page 388 of the text. Which industry maintains
a higher current ratio?
Airlines Retail
neither – about the same Question 231 pts
Calculate the Quick ratio (Acid­test ratio) for American Eagle & Buckle. Which company
has the better ratio and what does that mean?
Buckle has more liquid assets in relation to their current liabilities, and thus has a greater
ability to pay off current liabilities.
American Eagle has more liquid assets in relation to their current liabilities, and thus has a
greater ability to pay off current liabilities.
Ratios are equivalent – both companies are about the same Question 241 pts
Does American Eagle or Buckle have more working capital?
American Eagle
Buckle
Neither Question 251 pts
Based on the liquidity analysis performed above, which company has better liquidity and
would likely be more attractive to investors?
American Eagle
Buckle
both are about the same
none of the above Question 261 pts
What are the Debt to Equity ratios for American Eagle and Buckle, respectively, for the most recent fiscal years?
.45; .53
.48; .55 .48; .34
.53; .38 Question 271 pts
Which company has the better ratio?
American Eagle
Buckle
About the same
Neither Question 281 pts
What are the Return on Asset ratios for American Eagle and Buckle, respectively for the
most recent fiscal year?
45.3; 50.9
13.2; 26.4
4.7; 29.8
7;45.3 Question 291 pts
What are the Return on Equity ratios for American Eagle and Buckle, respectively for the most recent fiscal year?
.19; .23
.047; .23
.19; .38
.53; .51 Question 301 pts
Using all three profitability ratios, which company has better profitability?
American Eagle
Buckle about the same
neither Question 311 pts
What is the par value of American Eagles Common Stock?
$10
$1
$.10
$.01 Question 321 pts
How many shares of Common Stock are outstanding for the current year for American Eagle?
600,000
249,566
181,886
180,135 Question 331 pts
How many shares of Treasury Stock does American Eagle have at 1/30/16?
600,000
249,566
67,680
69,431 Question 341 pts
Does the "Cash and Cash equivalents at the beginning of the period" on the statement of cash flows match the total cash and cash equivalents reported on the balance sheet in the prior year? Does the "Cash and Cash equivalents at the end of the period" on the statement of cash flows match the total cash and cash equivalents reported on the balance sheet in the current year? Yes; Yes
Yes; No
No; Yes
No; No Question 351 pts
Does the statement of cash flows show positive or negative cash flows from operating activities for the current year?
What does that mean? negative; the company is using cash to keep operations going
positive; the company is receiving cash from operations
positive; the company is using cash to keep operations going
negative; the company is receiving cash from operations Question 361 pts
What caused most of the decrease in cash for financing activities for the current year?
payments on capital leases
proceeds from stock options
repurchase of common stock
cash dividends paid Question 371 pts
Overall cash increased by $118.5 million during the current year. What were the two major causes for the increase in cash?
depreciation expense; increase in accounts payable
loss from operations; payment of cash dividends to investors purchases of property & equipment; Payment of cash dividends to investors
repurchase of common stock; capital expenditures for property and equipment Question 381 pts
Does American Eagle or Buckle have higher liquidity risk based on the current ratio for the most recent year?
American Eagle
Buckle
About the same Question 391 pts
Does American Eagle or Buckle have higher liquidity risk due to a higher # of days in inventory ratio for the most recent year?
American Eagle
Buckle
about the same Question 401 pts
Does American Eagle or Buckle have higher solvency risk based on the debt to equity ratio for the most recent year?
American Eagle
Buckle
about the same Question 421 pts
Which company has a higher gross profit % and profit margin %?
American Eagle
Buckle
About the same Question 431 pts
Which company has a higher return on assets ratio?
American Eagle
Buckle
about the same
No answer text provided. Question 441 pts
Which company has a higher return on equity ratio?
American Eagle
Buckle
about the same