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Financial information for American Eagle is presented in Appendix A, and financial information for Buckle is presented in Appendix B. Required: Calculate the cash holdings

Financial information for American Eagle is presented in Appendix A, and financial information for Buckle is presented in Appendix B.

Required: Calculate the cash holdings ratio for both companies for the most recent year. Which company has the higher ratio? Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio?

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