3. Move to the Statement of Cash Flows for A&F.

A. Does A&F use the direct method or the indirect method? Explain how you

can tell using 2 complete sentences.

B. The cash flow statement reports on three activities. List them and indicate the

amount of cash provided/used.

1.

2.

3.

C. The cash balance decreased in 2016 for A&F. What were the two largest

line items on the cash flow statement that decreased cash? List the item and the

amount.

1.

2.

Hello, this is a question on an assignment I am unable to figure out I simply wanted to check and see if I got the answer correct please show how you reached the answer thanks.

Fiscal Fiscal Fiscal (in thousands) Abercrombie Hollister Other (1) Total 2016 2015 $1,487,024 $1,640,992 $1,771,299 1,839,716 1,877,6881,947,869 2014 24,862 $3,326,740 $3,518,680 $3,744,030 (1) Represents net sales from the Company's Gilly Hicks operations. The following table provides the Company's net sales by geographic area for Fiscal 2016, Fiscal 2015 and Fiscal 2014. Fiscal 2015 $2,123,808 $2,282,040 $2,408,427 Fiscal 2016 Fiscal 2014 (in thousands) United States Europe Other Total 768,630 832,923959,981 434,302403,717375,622 $3,326,740 $3,518,680 $3,744,030