Refer to the financial statements of American Eagle Outfitters in Appendix B at the end of this

Question:

Refer to the of American Eagle Outfitters in Appendix B at the end of this book.
Required:
l. What types of securities are included in the short-term investments and the long-term investments reported on the company's as of the end of fiscal 2014 (statement dated January 31, 2015)?
2. What is the balance of reported by the company at January 31, 2015? What does the change in from February 1, 2014, imply about corporate acquisition activities in the 2014 fiscal year? Do the notes to the indicate any acquisition or disposition activity in either fiscal 2013 or 2014? If so, what were the activities?
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