Please use -The Buckle, Inc., 2020 Annual Report https://corporate.buckle.com/sites/default/files/annual_reports/Annual_Report_2020-site.pdf 1. Determine the amounts The Buckle reports for
Question:
Please use -The Buckle, Inc., 2020 Annual Report
https://corporate.buckle.com/sites/default/files/annual_reports/Annual_Report_2020-site.pdf
1. Determine the amounts The Buckle reports for total assets, total liabilities, and total stockholders' equity in the balance sheet for the most recent year. Verify that the basic accounting equation balances.
2. The Buckle refers to its income statement using another name. What is it?
3. Determine the amounts The Buckle reports for net sales and net income in its income statement for the most recent year.
4. For investing activities, what are the largest inflows and largest outflows for the most recent year reported in the statement of cash flows? For financing activities, what are the largest inflows and largest outflows?
5. Who is the company's auditor? (See the Report of Independent Registered Public Accounting Firm.) What does the report indicate about the amounts reported in the company's financial statements?