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Try to estimate each company's ratio of total current receivables to total current assets. Do you see problems with either company's management of receivables? THE

Try to estimate each company's ratio of total current receivables to total current assets. Do you see problems with either company's management of receivables?image text in transcribed

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THE BUCKLE, INC. CONSOLIDATED BALANCE SHEETS (Amounts in Thousands Except Share and Per Share Amounts) ASSETS \begin{tabular}{c} \hline February 1, \\ 2020 \\ \hline \end{tabular} CURRENT ASSETS: \begin{tabular}{lr} Cash and cash equivalents & 220,969 \\ \hline Short-term investments (Notes B and C) & 12,532 \\ \hline Receivables & 3,136 \\ \hline Inventory & 121,258 \\ \hline Prepaid expenses and other assets & 20,935 \\ \hline Total current assets & 378,830 \\ \hline PROPERTY AND EQUIPMENT (Note E) & 452,205 \\ \hline Less accumulated depreciation and amortization & (338,357) \\ \hline & 113,848 \\ \hline \end{tabular} AMERICAN EAGLE OUTTFITTERS, INC. Consolidated Balance Sheets \begin{tabular}{|c|c|} \hline (In thousands, except per share amounts) & \begin{tabular}{c} February 1, \\ 2020 \end{tabular} \\ \hline \multicolumn{2}{|l|}{ Assets } \\ \hline \multicolumn{2}{|l|}{ Current assets: } \\ \hline Cash and cash equivalents & 361,930 \\ \hline Short-term investments (available for sale) & 55,000 \\ \hline Merchandise inventory & 446,278 \\ \hline Accounts receivable, net & 119,064 \\ \hline Prepaid expenses and other & 65,658 \\ \hline Total current assets & 1,047,930 \\ \hline Property and equipment, at cost, net of accumulated depreciation & 735,120 \\ \hline Operating lease right-of-use assets & 1,418,916 \\ \hline Intangible assets, net, including goodwill & 53,004 \\ \hline Non-current deferred income taxes & 22,724 \\ \hline Other assets & 50,985 \\ \hline Total assets & 3,328,679 \\ \hline \end{tabular}

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