Question
based from this link:: http://www.sec.gov/Archives/edgar/data/919012/000095012311024788/l41576e10vk.htm#L41576110 please help guide me to the answer to these question. 5. What does the Report of Independent Registered Public Accounting
based from this link::
http://www.sec.gov/Archives/edgar/data/919012/000095012311024788/l41576e10vk.htm#L41576110
please help guide me to the answer to these question.
5. What does the Report of Independent Registered Public Accounting firm indicate about the amounts represented in the companys financial statements?
6. What does the Report of Independent Registered Public Accounting firm indicate about American Eagles internal controls?
7. In the summary of significant accounting policies, how does American Eagle define cash equivalents?
8. What is the amount of cash reported in the most two most recent years? By how much has cash increased/decreased?
9. Determine the amount American Eagle reports for net cash flows from operating, investing, and financing activities in its statement of cash flow. (Note: Include any effect of exchange rates on cash as an additional cash flow. In addition, include net cash used for discontinued operations) Compare your answers to question 8.
10. What are the net sales for the past three years? Determine whether the trend in net sales is increasing or decreasing for the past three years.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started