CP1-2 Finding Financial Information LO 1-1 -- Refer to the financial statements of Urban Outfitters in Appendix C at the end of this book.

CP1-2 Finding Financial Information LO 1-1

Refer to the financial statements of Urban Outfitters in Appendix C at the end of this book.

Required:
1. What is the amount of net income for the most recent year?

Net income

This information can be found on the

2. What amount of revenue was earned in the most recent year?

Net sales

This information can be found on the

3. How much inventory (in dollars) does the company have as of January 31, 2012?

Inventory

This information can be found on the

4. By what amount did cash and cash equivalents * change during the most recent year?

Cash and Cash Equivalents                                                    by

This information can be found on the

5. Who is the auditor for the company?

* Cash equivalents are short-term investments readily convertible to cash whose value is unlikely to change.

TUTORIAL PREVIEW

1. What is the amount of net income for the most recent year?

Net income	$ 185,251,000
This information can be found on the	Income Statement

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