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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: 1. Calculate the
Financial information for American Eagle is presented in Appendix A, and financial information for Buckle is presented in Appendix B. Required: 1. Calculate the cash holdings ratio for both companies for the most recent year. Which company has the higher ratio? 2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the cash holdings ratio for both companies for the most recent year. Which company has the higher ratio? Note: Round your answers to 1 decimal place. Cash holdings ratio American Eagle Buckle % % Which company has the higher ratio? < Required 1 Required 2 > Financial information for American Eagle is presented in Appendix A, and financial information for Buckle is presented in Appendix B. Required: 1. Calculate the cash holdings ratio for both companies for the most recent year. Which company has the higher ratio? 2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Note: Round your answers to 1 decimal place. American Eagle Buckle Investment-to-asset ratio % Which company has the higher ratio? < Required 1 Required 2 >
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