Use the financial section of the January 29, 2011 (fiscal year 2010) annual report of American Eagle Outfitters, Inc. to answer the following questions. The annual report can be found at WWW.SEC.GOV. The answers should immediately follow each question and show any necessary calculations.

1. In the summary of significant accounting policies, what is American Eagles procedure in accounting for inventory?

2. Calculate American Eagles inventory turnover ratio and average days in inventory for the most recent year.

3. What is the amount of depreciation and amortization expense for each of the three years 2009-2011?