*PLEASE ATTACH EXCEL FILE W/ANSWERS*

Following is selected financial information from Abercrombie & Fitch for its fiscal year ended January 30, 2016 ($ thousands)

Noncash assets .............. $1,844,461 Cash from operating activities .... $ 309,941

Cash from investing activities.... (122,567) Cash from financing activities*.... (119,504)

Cash, ending year ............ 588,578 Cost of goods sold............. 1,361,137

Revenue .................... 3,518,680 Cash, beginning year ........... 520,708

Total liabilities ................ 1,137,317

Stockholders equity .......... 1,295,722 Total expenses (other than cost of goods sold) ...............2,118,984

a. Prepare the income statement, the balance sheet, and the statement of cash flows for Abercrombie &

Fitch for the fiscal year ended January 30, 2016.

b. Do the negative amounts for cash from investing activities and cash from financing activities concern

us? Explain.

c. Using the statements prepared for part a, compute the following ratios (for this part only, use the year-

end balance instead of the average for assets and stockholders equity):

i. Profit margin

ii. Asset turnover

iii. Return on assets

iv. Return on equity