EARTHWEAR CLOTHIERS MINI-CASE

Chapter 1: EarthWear Introduction Worksheet

EarthWear Clothiers 2018 Annual Report

1. Who is the current CEO of EarthWear?

2. How much did Accounts Payable change in dollars and percent from 2017 to 2018?

3. In which of the last 5 years was EarthWear's Net Income highest, and what was Net Income in that year?

4. Does EarthWear use the FIFO or LIFO inventory valuation method?

5What is the date of Willis & Adams' Audit Report included in the Annual Report?