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12 November, 03:19

Compare the financial statements of American Eagle (Appendix A) and Buckle (appendix B) at the end of the book. Determine which company's growth rate in total assets, net sales, and net income is greater. Why do you think this might be the case? Explain

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  1. 12 November, 03:35
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    American Eagle

    Explanation:

    Total assets of American Eagle corporation as of February 3, 2018 was $1,816,313 (in thousands). On the other hand, total assets of Buckle corporation at the same time was $538,116 (in thousands).

    For the year ended, February 3, 2018

    American Eagle (in thousands) Buckle (in thousands)

    Net sales $3,795,549 $913,380

    Net Income $204,163 $89,707

    American Eagle corporation is bigger than Buckle corporation. The number of retail stores of Eagle company is higher than the Buckle corporation. Therefore, the revenue is higher. Again, the company has more non-current assets from which American Eagle company can generate more revenues. So, for those reasons, American Eagle is a better company.
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Home » Business » Compare the financial statements of American Eagle (Appendix A) and Buckle (appendix B) at the end of the book. Determine which company's growth rate in total assets, net sales, and net income is greater.
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