In this unit, you will continue to analyze and interpret the financial statements for American Eagle Outfitters, Inc. Using the financial statements (located in Appendix A: American Eagle Outfitters, Inc., 2020 Annual Report of the required textbook: Financial Accounting), review the company’s operational assets.
Consider the following questions:
What types of operational assets does the company have?
Are there any intangibles?
What inventory costing methods are used?
What depreciation methods are used?
For your evaluation of the operational assets, present industry findings regarding assets.
Address the questions above, and consider their implications to American Eagle Outfitters, Inc.
Do not forget to review the notes to the financial statements for additional information about the company’s operational assets.
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