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.
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.
For the complete annual report, go online to http://investors.ae.com/financials-and-filings/annual-reports-and-proxy/default.aspx.
Consider the following questions:
What are the cash needs of the company?
What is the value of the company’s cash and cash equivalents?
What type of receivables does the company have?
Deliverable Requirements: Your evaluation of assets should have at least 5 pages (the title and reference pages are not counted in these 4 pages) as well as follow the requirements below for using the APA style. Your evaluation should include the following:
For your evaluation of current assets, present industry findings regarding assets.
Address the questions above, and consider their implications to American Eagle Outfitters, Inc.
Do not forget to review the notes to the financial statements for additional information about the company’s assets.