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?