Week Two A. What type of product does it sell? American Eagle Outfitters is a retail company that strives to reach out to 15 to 25-year-old men and women. They offer high quality clothing, accessories, and personal care products at very affordable prices. Pants, shorts, sweaters, fleece, outerwear, graphic tee shirts, footwear, and various styles of accessories are the types of products they offer (Bethel University, 2017). B. On what date does American eagle Outfitters’ most recent reporting year end? The most recent reporting year for American Eagle Outfitters is January 31, 2015. This information is being retrieved from the American Eagle 10-K form. This form is there to help all those involved or anyone that may be contemplating the thought of investing their money into the company (Bethel University, 2017). C. …show more content…
For many years, does it present complete balance sheets, income statements, and cash flow statements? Balance Sheets: The balance sheet for American Eagle is recorded data that completes one fiscal year. This fiscal year runs from February 1, 2014 and runs through January 31, 2015. They will close out each fiscal year on the Saturday closest to January 31 (Bethel University, 2017). Income Statements: The income statement for the American Eagle 10-K form is for three fiscal years. The fiscal year goes from February 2, 2013 to February 1, 2014, then from February 1, 2014 to January 31, 2015. This sheet will tell you the financial increase or decrease in the thousands of dollars (Bethel University, 2017). Cash flow statements: The cash flow statement has the same three recorded years seen in the income statement. The years range from February 2, 2013 to February 1, 2015, then from February 1, 2014 to January 31, 2015. All of the numbers recorded in the American Eagle cash flow statement is displayed in the thousands (Bethel University,