Required: 1. State the amount of the largest expense on the income statement for the year ended January 31, 2015.

Cost of sales
Selling, general and administrative expenses
Restructuring charges
Loss on impairment of assets
2. Assuming that all net sales are on credit, how much cash did American Eagle Outfitters collect from customers? (Hint: Use a T-account of accounts receivable to infer collection.) (Enter your answer in thousands, not in dollars.)

5. Compute the company's net profit margin for each year presented. (Round your answers to 1 decimal place.)

Net Profit Margin Ratio

1/31/15%
2/1/14%
2/2/13%
Refer to the annual report for American Eagle Outfitters in Appendix B

Required:

1. The annual report or 10-K report for American Eagle Outfitters provides selected financial data for the last five years. Compute the net profit margin ratio for each of the years presented. Use income from continuing operations in place of net income. (Hint: See Item 6 from the 10-K, which is disclosed within the annual report for the data.) (Round your answer to 1 decimal place.)

Fiscal Year Ended Net Profit Margin Ratio

2015%
2014%
2013%
2012%
2011%