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Calculate Ulta Beautys Current Ratio for 2022. Use the following Ulta Beauty, Inc. Consolidated Balance Sheets Ulta Beauty, Inc. Consolidated Balance Sheets data) Current assets:

Calculate Ulta Beautys Current Ratio for 2022. Use the following

image text in transcribed Ulta Beauty, Inc. Consolidated Balance Sheets

Ulta Beauty, Inc. Consolidated Balance Sheets data) Current assets: Cash and cash equivalents Receivables, net Merchandise inventories, net Prepaid expenses and other current assets Prepaid income taxes Total current assets Property and equipment, net Operating lease assets Goodwill Other intangible assets, net Deferred compensation plan assets Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: ACCTunts payable Accrued liabilities Deferred revenue Current operating lease liabilities Accrued income taxes Total current liabilities Non-current operating lease liabilities Deferred income taxes Other long-term liabilities Total liabilities Commitments and contingencies (Note 9) Stockholders' equity Common stock, par value, 400,000 shares authorized; 53,049 and 56,952 shares issued; 52,311 and 56,260 shares outstanding; at January 29, 2022 and January 30, 2021, respectively Treasury stock-common, at cost Additional paid-in capital Retained earnings Accumulated other comprehensive income Total stockholders' equity Total liabilities and stockholders' equity See accompanying notes to consolidated financial statements. 431,560 233,682 1,499,218 110,814 5,909 914,476 10,870 1 ,538 38,409 35,647 552,730 364,797 353,579 274,118 12,786 1,572,638 39,693 58,665 (53,478) 934 945 653,376 30, 193,109 107,402 995,795 10,870 2,465 33,223 28,225 477,052 296,334 274,383 253,415 42,529 1,343,713 1,643,386 65,359 37,962 569 (37,801) 847,303 56 5,089,969

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