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cupoosta [38]
4 years ago
5

Required: Access the American Eagle 2014 Annual Report/10K (In the appendix to the textbook or obtain online). Look at the finan

cial statements and Notes to the financial statements closely and attempt to infer what kinds of information they report. Then, answer the following questions based on the Report.
1. What type of product does it sell?
2. On what date does American Eagle Outfitters most recent reporting year end?
3. Are its financial statement audited by independent CPA's?
4. Does its total assests increase or decrease over the last year?
Business
1 answer:
Alex73 [517]4 years ago
5 0

Answer:

1) apparel, accessories for men and women and personal care product for women.

2) Feb 1 2020 for the year 2019

3) Yes

4) Increase

Explanation:

For this question annual report of 2019 was used. The report obtained online.

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When interest rates fall a. firms want to borrow less for new plants and equipment and households want to borrow less for homebu
Marina86 [1]

Answer:

The correct answer is option b.

Explanation:

When there is a fall in the interest rate, it means the cost of borrowing will decrease. So it will become cheaper for both firms and households to borrow money.

Thus, borrowing will increase. Firms will borrow more for new plants or equipment to increase output. While households will borrow more for building homes and other such purposes.

4 0
4 years ago
a company produces a single product. variable production costs are $14.00 per unit and variable selling and administrative expen
My name is Ann [436]

The value of the ending inventory under variable costing is calculated to be $19,600.

To determine the value of the ending inventory under variable costing we first find out the units in the ending inventory as follows;

Units in ending inventory = Units in beginning inventory + Produced units − Sold units

Units in ending inventory = 0 + 6000 - 4600

Units in ending inventory = 1400

Now the value of the ending inventory under variable costing can be determined by multiplying units in the ending inventory by the variable  production cost as follows;

Value of Ending inventory = Unit in ending inventory × Variable production cost

Value of Ending inventory = 1400 × 14

Value of Ending inventory = $19,600

Hence, the value of the ending inventory would be $19,600 under variable costing.

To learn more about ending inventory; click here:

brainly.com/question/19132743

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5 0
1 year ago
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in i
saul85 [17]

Answer:

the cost per equivalent unit of materials is a. $2.06.

Explanation:

Step 1 : Calculate the total equivalent units of production for raw materials.

Units completed and transferred (150,000 × 100%)       = 150,000

Units in Ending Work in process (32,500 × 100%)          =  32,500

Total equivalent units of production for raw materials   = 182,500

Step 2 : Calculated the total raw material costs incurred during the period.

Raw material cost in Beginning Work in Process         =   $48,000

Add Raw Materials Cost Incurred during the period    = $328,050

Total raw material costs incurred                                   = $376,050

Step 3 : Calculate the cost per equivalent unit of materials.

Cost per equivalent unit = Total raw material costs incurred  ÷ Total equivalent units of production for raw materials

                                        = $376,050 ÷ 182,500

                                        = $2.06

7 0
4 years ago
The period before a trial takes place is called the
nadezda [96]

Answer:

The answer would be A.

Explanation:

Discovery process, finding the facts.

4 0
3 years ago
Cash sale of merchandise inventory. 2. Sale of delivery truck at book value. 3. Sale of Xanthe common stock for cash. 4. Issuanc
yawa3891 [41]

Answer and Explanation:

As per the data given in the question,

3 of the above items will appear as a cash inflow from investing activities.

These are as follows :

1. Collection of loan receivable.

2. Cash sale of delivery truck at book value.

3. Sale of a security held as an available-for-sale investment.

Any gain or loss on sale of long term asset is an operating activity although any purchase or sale of a long term asset is come under the investing activities.

Loan receivable is an asset too therefore, it will be shown under investing activities.

4 0
3 years ago
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