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Refer To The Financial Statements of Abercrombie Fitch and
Refer To The Financial Statements of Abercrombie Fitch and
#2284
Refer to the financial statements of Abercrombie & Fitch and Aeropostale that are supplied with
this text.
Required:
1. a. What is the fiscal year-end of Abercrombie & Fitch? Of Aeropostale? Why would you
expect these to be the same?
b. Why does of the date of the fiscal year end change each year?
a. What amounts did each company report for total assets, liabilities, and stockholders’ equity
for the year ended January 30, 2010 (fiscal 2009)?
b. What amounts were reported as current assets and current liabilities for the year ended
January 30, 2010 (fiscal 2009)?
d. Describe any other similarities and differences that you noticed between the two companies.
a. What amounts did Abercrombie & Fitch report as revenues, expenses, and net income?
What amounts did Aeropostale report as revenues, expenses, and net income for the fiscal year
ended January 30, 2010?
b. Compare any trends that you detect with regard to revenues, expenses, and net income.
4. What were the major sources and uses of cash for each company?
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Refer to the financial statements of Abercrombie Fitch and
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