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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-a. Calculate the following

Financial information for American Eagle is presented in Appendix A, and financial information for Buckle is presented in Appendix B. Required: 1-a. Calculate the following risk ratios for both companies for the year ended February 3, 2018. (Use 365 days a year. Round your intermediate calculations and final answers to 1 decimal place.)

Risk Ratios AMERICAN EAGLE THE BUCKLE
a. Receivables turnover ratio 46.0 times times
b. Average collection period 7.9 days 3.4 days
c. Inventory turnover ratio 6.4 times 4.4 times
d. Average days in inventory 57.0 days days
e. Current ratio 2.0 3.7
f. Acid-test ratio 1.0
g. Debt to equity ratio % %

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