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Access the 2007 10-K for Abercrombie & Fitch (www.abercrombie.com)
(a) Compute the following ratios for Abercrombie & Fitch:
1. Current ratio
2. Quick ratio
3. Debt to total assets
4. Long-term debt to equity
5. Accounts receivable turnover
6. Inventory turnover
7. Gross profit percentage
8. Return on equity

(b) What are Abercrombie & Fitch's significant accounting policies?
(c) What are some of Abercrombie & Fitch's business risk factors?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9978485

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