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Consolidated Income Statements for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data) 2018 2019 Net sales (total revenue) Cost of sales Selling, general,

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Consolidated Income Statements for Urban Outfitters, Inc., 2018-2019 (in thousands, except per share data) 2018 2019 Net sales (total revenue) Cost of sales Selling, general, and administrative Operating income $3,616,014 $3,950,623 2,440.507 2,603,911 915,615 965,399 $259,892 $381,313 (4,840) 6,314 (6,325) 10.565 261,366 385,553 Other income (expense) Other expenses... Interest income and other, net Income before income taxes. Provision for income taxes Net income Basic earnings per share Diluted earnings per share 153,103 87.550 $108,263 $ 0.97 $298,003 $ 2.75 $ 2.72 $ 0.96 Source: Urban Outfitters, Inc., 2019. January 31, 2018 January 31, 2019 $ 282.220 $ 358,260 165,125 279.232 76.962 80,461 351,395 370,507 103.055 114.296 978,757 1,202,756 813,768 796,029 160,255 161.730 $1.952,780 $2,160,515 Assets Current Assets Cash and cash equivalents Short-term investments Receivables, net Merchandise inventories. Prepaid expenses and other current assets Total current assets... Not property and equipment Deferred income taxes and other assets Total assets Liabilities and Shareholders' Equity Current Liabilities Accounts payable Accrued salaries and benefits Accrued expenses and other current liabilities Total current liabilities.. Long-term debt Deferred rent and other sitios Total liabilities Commitments and Contingencies Equity Preferred stock $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding Common stock 5.0001 par value: 200.000.000 shares authorized; 105,642,283 and 108.248,568 sharos issued and outstanding Additional paid in capital Retained earnings Total stockholders' equity Total Liabilities and Equity $ 128,246 $144,414 36,058 54,799 195.910 187431 360.214 $ 386,644 0 O 284,772 291,663 671,417 651,877 o o 11 11 $ 0 $ 684 1.489.087 1,489,098 $2,160,515 1.300,208 1,300,90 $1.952,780 Source: Urban Outfitters, Inc., 2019 10-K. From 2018 to 2019, Urban Outfitters' return on shareholder equity showed a(n) Multiple Choice unfavorable decrease. favorable ase. neither a favorable nor an unfavorable Increase or decrease. unfavorable Increase favorable Increase From 2018 to 2019. Urban Outfitters' return on assets showed a(n) Multiple Choice favorable Increase. unfavorable decrease unfavorable Increase. favorable decrease. neither a favorable nor an unfavorable Increase or decrease. From 2018 to 2019, Urban Outfitters' debt-to-equity ratio showed an) Multiple Choice neither a favorable nor an unfavorable Increase or decrease. favorable decrease. unfavorable decrease. unfavorable Increase . favorable Increase. From 2018 to 2019, Urban Outfitters' Inventory turnover ratlos showed a(n) Multiple Choice favorable decrease. unfavorable decrease. favorable Increase neither a favorable nor an unfavorable Increase or decrease. unfavorable Increase. From 2018 to 2019, Urban Outfitters' average collection period showed a(n) Multiple Choice unfavorable Increase. unfavorable decrease. favorable decrease. favorable increase. neither a favorable nor an unfavorable Increase or decrease

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