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. Calculate the debt to equity ratio for the past two years. Did the ratio improve or weaken in the more recent years? (2 pts)

2. Calculate the return on equity for the current year.

3. What is the par value per share for the common stock?

4. What are the primary components of American Eagle's cost of goods sales?