Could someone please help asap with the following questions
Could someone please help asap with the following questions 2 & 3 to be done for the companies Urban Outfitters Inc. and American Eagle Outfitters Inc. (use the 10-K report)? I would also need executive summary for this.
Solution
3) American Eagle Outfitters Inc
Accrued liability as of January 31, 2015 is $14.6363 million for exit of 77kids business.Total Accrued liability as of January 31, 2015 =17752-5296 of cash pays=$ 12456 million
Accrued compensation,Accrued rent and income &taxes have increased shows a strengthening effect on income.
Urban Outfitters Inc.
Furniture and fixtures charge=.410265+Leasehold improvements of .794995=$1.20526 million,capex= $150 to $160 million,
For all brands combined, we plan to open approximately 30 to 35 new stores during fiscal 2016, including 4 Urban Outfitters stores, 13 Anthropologie Group stores and 15 Free People stores.We anticipate our capital expenditures during fiscal 2016 to be approximately $150 to $160 million, all of which are expected to be financed by cash flow from operating activities. We believe that our new store investments have the potential to generate positive cash flow within a year. We believe the expansion of our home offices and distribution and fulfillment facilities are necessary to adequately support our growth.
Accrued construction liability has reduced seems reasonable.
Accrued construction liability has reduced,Accrued sales taxes liability has reduced while there is a increase in the Accrued rent and taxes liability .
