Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1. Calculate American Eagles percentage change in total
Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1. Calculate American Eagles percentage change in total assets and percentage change in net sales for the most recent year. 2. Calculate American Eagles percentage change in net income for the most recent year.
A-4 APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report AMERICAN EAGLE OUTFITTERS, INC. Consolidated Balance Sheets Refer to Notes to Consolidated Financial Statements APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Operations Refer to Notes to Consolidated Financial Statements Refer to Notes to Consolidated Financial Statements APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report A-7 AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Stockholders' Equity (1) 600,000 authorized, 249,566 issued and 166,993 outstanding, $0.01 par value common stock at February 1,2020;600,000 authorized, 249,566 issued and 172,436 outstanding, $0.01 par value common stock at February 2,2019;600,000 authorized, 249,566 issued and 177,316 outstanding, $0.01 par value common stock at February 3,2018;600,000 authorized, 249,566 issued and 181,886 outstanding, $0.01 par value common stock at January 28,2017 . The Company has 5,000 authorized, with none issued or outstanding, $0.01 par value preferred stock for all periods presented. (2) 82,573 shares, 77,130 shares and 72,250 shares at February 1, 2020, February 2, 2019 and February 3,2018 respectively. During Fiscal 2019, Fiscal 2018, and Fiscal 2017, 1,324 shares, 3,363 shares, and 2,301 shares, respectively, were reissued from treasury stock for the issuance of share-based payments. APPENDIX A American Eagle Outfitters, Inc., 2020 Annual Report A-7 AMERICAN EAGLE OUTFITTERS, INC. Consolidated Statements of Stockholders' Equity (1) 600,000 authorized, 249,566 issued and 166,993 outstanding, $0.01 par value common stock at February 1,2020;600,000 authorized, 249,566 issued and 172,436 outstanding, $0.01 par value common stock at February 2,2019;600,000 authorized, 249,566 issued and 177,316 outstanding, $0.01 par value common stock at February 3,2018;600,000 authorized, 249,566 issued and 181,886 outstanding, $0.01 par value common stock at January 28,2017 . The Company has 5,000 authorized, with none issued or outstanding, $0.01 par value preferred stock for all periods presented. (2) 82,573 shares, 77,130 shares and 72,250 shares at February 1, 2020, February 2, 2019 and February 3,2018 respectively. During Fiscal 2019, Fiscal 2018, and Fiscal 2017, 1,324 shares, 3,363 shares, and 2,301 shares, respectively, were reissued from treasury stock for the issuance of share-based payments
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