Calculate abercrombie and fitchs and aeropostale quick ratio

Assignment Help Financial Accounting
Reference no: EM13938167

COMPARATIVE ANALYSIS: ABERCROMBIE & FITCH vs. AEROPOSTALE

Refer to the financial statements of Abercrombie & Fitch and Aeropostale that are supplied with this text.

Required:

1. Both Abercrombie & Fitch (Note 14) and Aeropostale (Note 14) have notes that discuss contingencies. What contingencies do they disclose? Do you think any of these contingencies are included in the Income Statement or on the Balance Sheet? Why or why not?

2. Calculate Abercrombie & Fitch's and Aeropostale's current ratio for the years ended February 3, 2007, and January 28, 2006.

3. Compare Abercrombie & Fitch's and Aeropostale's short-term liquidity based on the values and trends of the current ratio.

4. Calculate Abercrombie & Fitch's and Aeropostale's quick ratio and cash ratio for the years ended February 3, 2007, and January 28, 2006.

5. Compare the values and trends of these ratios when evaluating Abercrombie & Fitch's and Aeropostale's short-term liquidity.

6. Calculate Abercrombie & Fitch's and Aeropostale's operating cash flows ratio for the years ended February 3, 2007, and January 28, 2006.

7. Compare Abercrombie & Fitch's and Aeropostale's short-term liquidity based on the values and trends of the operating cash flows ratio.

Reference no: EM13938167

Questions Cloud

Calculate whole foods operating cash flows ratio : Calculate Whole Foods' operating cash flows ratio. Discuss the implications of this ratio when evaluating Whole Foods' short-term liquidity.
Design a butterworth passive filter : Determine the required order of a Butterworth filter that meets the above specifications, Design a Butterworth passive filter (75W termination) that meets the specifications using the filter prototype design table given in your online notes. In yo..
How many students he wants to add to each course : I need a program that will ask the user how many courses he wants to input and how many students he wants to add to each course and the name of each student.
What are the environmental implications of deforestation : What are the issues or potential problems in reference to deforestation in the Amazon Rainforest? What are the environmental implications of deforestation in the Amazon Rainforest?
Calculate abercrombie and fitchs and aeropostale quick ratio : Calculate Abercrombie & Fitch's and Aeropostale's quick ratio and cash ratio for the years ended February 3, 2007, and January 28, 2006.
Discuss who breached the contract : Hakim Plast countersued for Brown's breach seeking out-of-pocket expenses and consequential damages for loss of business. Discuss who breached the contract and determine what possible damages might be recovered
Implementing a health information technology strategic plan : Discuss how you would go about implementing a health information technology (HIT) strategic plan for data security, privacy, and quality management for your organization
Monitoring systems section of lecture : In the Monitoring Systems section of this lecture (attached), we mentioned that: It should be noted that these example protocols are not really related to computer systems.
Differentiate between data-information and knowledge : A key understanding within knowledge management is to be able to define and differentiate between data, information and knowledge.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Section of code apply to transaction-consequences to Brian

Carrot Corp, Inc. owns and operates a carrot farm. Shawn formed Carrot Corp by contributing farmland with an adjusted basis of $95,000 in exchange for 100 shares of stock in 1980. Shawn owns the only stock in Carrot Corp. In answering the above quest..

  Express it project description

You are given information about Doha Company which is a service company located in Qatar. You are expected to analyze, record and communicate that information by using Microsoft Excel.

  Diluted eps to be different than basic eps

A company’s current stock price is $35. Which of the following securities would cause Diluted EPS to be different than Basic EPS?

  How many orders will be placed each year

Round to the nearest unit. b) How many orders will be placed each year if the EOQ is used? c) What are the valves carrying and ordering costs if the EOQ is used?

  Capital accounts for a 10 percent stock dividend

What adjustments would have to be made to the capital accounts for a 10 percent stock dividend? Show the new capital accounts

  Sound internal control practice dictates-cash disbursements

Sound internal control practice dictates that cash disbursements should be made by check, unless the disbursement is very small. Petty cash can be substituted for a checking account to expedite the payment of all disbursements.

  Question at the starting of its 2010 calendar-year

question at the starting of its 2010 calendar-year accounting period abc inc. had retained earnings of 1500000. through

  Normal balance of each account is debit or credit

Joel blocker has just rented space in a strip mall. in this space, he will open a photography studio, to be called Picture this! a friend has advised joel to set up a double-entry set of accounting records in which to record all of his business trans..

  Illustrate what is taxable income to be reported by bluebird

Further, Bluebird recognized a long-term capital loss of $20,000, and a short-term capital gain of $5,000. Illustrate what is the taxable income to be reported by Bluebird Corporation in 2010?

  Budgeted information

Quill in Company had the following budgeted information for October.October 1 cash balance $3,500

  Illustrate what is her partner return on equity

Renee Jackson is a partner in Sports Promoters. Her beginning partnership capital balance for the current year is $55,000, and her ending partnership capital balance for the current year is $62,000. Her share of this year's partnership income was ..

  The debit credit values on the journal entry format

We need transactions like that. And Excel spreadsheet should have different input boxes for different values. The input should be reflected in the solution.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd