Refer to the financial statements of American Eagle Outfitters given in Appendix B at the end of

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Refer to the financial statements of American Eagle Outfitters given in Appendix B at the end of this book, or open file AEOS.pdf in the Annual Report Cases directory on the student CD-ROM.

Required: 1. What is the amount of accrued compensation and payroll taxes liability for the current year? 2. How did changes in accounts payable affect cash flows from operating activities in the current year? 3. What is the amount of long-term liabilities for the current year? 4. What amount of federal income taxes was deferred during the current year? 5. What is the amount of the future minimum lease obligations under operating leases in effect at February 3. 2001?

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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