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612 CHAPTER 12 Financial Statement Analysis Financial Analysis Buckle The Buckle. Inc. AP12-3 Financial information for Buckle is presented in Appendix B at the end

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612 CHAPTER 12 Financial Statement Analysis Financial Analysis Buckle The Buckle. Inc. AP12-3 Financial information for Buckle is presented in Appendix B at the end of the book. Required: I. Complete the "Amount" and "96" columns to be used in a horizontal analysis of Buckle's income statement for the year ended February 2, 2013. 2. Calculate the following risk ratios for the year ended February 2, 2013: a. Receivables turnover ratio. b. Average collection period. c. Inventory turnover ratio. d. Average days in inventory e. Current ratio. f. Acid-test ratio. g. Debt to equity ratio. 3. Calculate the following profitability ratios for the year ended February 2, 2013: a. Gross profit ratio. b. Return on assets. c. Profit margin. d. Asset turnover e. Return on equity

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