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Chapter 4 Cash and Internal Controls American Eagle Outfitter, Inc. R1. What does the Report of Independent Registered Accounting firm indicate about American Eagles internal

Chapter 4 Cash and Internal Controls American Eagle Outfitter, Inc. R1. What does the Report of Independent Registered Accounting firm indicate about American Eagles internal controls?

R2. In summary of significant accounting policies, how does American Eagle define cash equivalents?

R3. What is the amount of cash reported in the two most recent years? By how much has cash increased/decreased?

R4. Determine the amounts American Eagle reports for net cash flows from operating activities, investing activities, and financing activities in its statement of cash flows for the most recent year. What are total cash flows for the year for continuing operation?

Chapter 4 Cash and Internal Controls (Bonus 10 Points) The Buckle, Inc. R1. What does the Report of Independent Registered Accounting firm indicate about Buckles internal controls?

R2. In summary of significant accounting policies, how does Buckle define cash equivalents?

R3. What is the amount of cash reported in the two most recent years? By how much has cash increased/decreased?

R4. Determine the amounts Buckle reports for net cash flows from operating activities, investing activities, and financing activities in its statement of cash flows for the most recent year. What are total cash flows for the year for continuing operation?

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