Reter to the financial statements and accompany ing notes of Abercrombie ft Fitch given in Appendix C

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Reter to the financial statements and accompany ing notes of Abercrombie ft Fitch given in Appendix C at the en J of this book, or open file ANF.pdf in the Annual Report Cases director, on the student CD-ROM Required: 1. How much the Store Supplies account at the end of the 2000 fiscal Near'1 2. What did the company report for unearned revenue at February 3, 2001 ? Where did you find this information? 3. What is included in the liability Accrued Rent? In Accrued Compensation? 4. How much did the company owe in currently payable state income taxes at the end of the 2000 fiscal year? Where did you find this information? 5. To what account is Interest Income related? 6. What company accounts would not appear on a post-closing trial balance? 7. Give the closing entry for Prepaid Expenses. 8. What is the company's earnings per share (basic only) for the three years reported 9. Compute the company's net profit margin for the three years reported. What does the trend suggest to you about Abercrombie & Fitch?

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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