Assignment Details

This IP builds upon your work in Units 1, 2, and 3.

You will continue your industry research by evaluating long-term liabilities and equity using industry examples. Using the financial statements (located in Appendix A: American Eagle Outfitters, Inc., 2020 Annual Report of the required textbook: Financial Accounting), review and compare the liabilities and equity of each company. Consider the following questions:

What are the significant liabilities of each company? Are they current or long-term?

What types of financing does each company rely on?

What is the equity structure of each company?

Deliverable Requirements: Your Long-Term Liabilities and Equity section should have at least 5 pages (the title and reference pages are not counted in these 5 pages) as well as follow the requirements below for using the APA style.

Address the questions above, and consider their implications to American Eagle Outfitters, Inc.

Do not forget to review the notes to the financial statements for additional information about the company’s liabilities and equity structure.