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asswork - A Further Look at Financial Statements Question 5 of 5 -/8 View Policies Current Attempt in Progress Suppose the following data were taken

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asswork - A Further Look at Financial Statements Question 5 of 5 -/8 View Policies Current Attempt in Progress Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, including share data are in thousands.) Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding 2022 $941,600 1.998,600 428,000 579,594 182.455 312,000 270,000 82.000 200.500 2021 $1,058,400 1,932,400 378,000 560.396 408,564 489,200 277,700 109.700 210.600 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, s. 15.25.) 2022 2021 Current ratio Look at Financial Statements Question 5 of 5

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