This IP builds upon your work in Units 1 and 2.
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?