Within a company's annual report, a section called Notes to Consolidated Financial Statements offers general information about
Question:
Within a company's annual report, a section called "Notes to Consolidated Financial Statements" offers general information about the company along with detailed notes related to its financial statements.
Analyze Online: On the American Eagle Outfitters, Inc., website (www.ae.com), click on About AE located at the bottom of the page. Then click on AE Investment Information.
Analyze:
1. What types of merchandise does this company sell?
2. Who are the potential users of the information presented? Why would this information be helpful to these users?
3. What age consumer does the company target?
4. Would American Eagle Outfitters, Inc. be considered an economic entity or a social entity? Why?
Step by Step Answer:
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina