Financial information for American Eagle is presented in Appendix A at the end of the book.

Required:
1. What was the amount of increase or decrease in cash and cash equivalents for the most recent year?
2. What was net cash from operating activities for the most recent year? Is net cash from operating activities increasing each year? What is the largest reconciling item between net income and net operating cash flows during the most recent year?
3. What was net cash from investing activities for the most recent year? Is it positive or negative? What is the largest investing activity during the most recent year?
4. What was net cash from financing activities for the most recent year? Is negative financing activities a good sign or a bad sign? What is the largest financing activity during the most recent year?