CUNDULIURTEU STATEMENTS UP EARNINUS (in millions, except per share amounts) Net sales Cost of sales Gross profit Selling, general and administrative expenses Earnings from operations Interest expense and financing costs Other expense, net Earnings from operations before income taxes Provision for income taxes Net earnings Net earnings per share: Basic Diluted Weighted average number of common shares: Basic Diluted 2020 4,424.0 $ 1,662.1 2.761.9 2,029.3 732.6 38.5 3.8 690.3 149.2 541.1 $ Years Ended January 31, 2019 2018 4,442.1 $ 4,169.8 1,631.1 1,559.1 2,811.0 2,610.7 2,020.7 1,801.3 790.3 8094 39.7 42.0 7.1 6.9 743.5 760.5 157.1 390.4 586.4 $ 370.1 $ 4.47 $ 4.45 $ 4.77 $ 4.75 $ 2.97 2.96 $ 121.1 121.6 122.9 123.5 124.5 125.1 See notes to consolidated financial statements. CONSOLIDATED BALANCE SHEETS January 31. 2019 2020 $ $ (in millions, except per share amounts) ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net Inventories, net Prepaid expenses and other current assets Total current assets 874.7 22.7 240.0 2,463.9 274.2 792.6 62.7 245,4 2,428.0 230.8 3,759.5 3,875.5 Operating lease right-of-use assets Property, plant and equipment, net Deferred income taxes Other assets, net 1,102.7 1,098.8 225.2 357.9 6,660.1 1,026.7 215.8 331.0 $ $ 5,333.0 $ 113.4 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Short-term borrowings Accounts payable and accrued liabilities Current portion of operating lease liabilities Income taxes payable Merchandise credits and deferred revenue Total current liabilities 513.4 147.9 541.5 202.8 16,4 61.8 970.4 21.4 69.9 7181 883.4 884.1 374.5 312.4 31.1 Long-term debt Pension/postretirement benefit obligations Deferred gains on sale-leasebacks Long-term portion of operating lease liabilities Other long-term liabilities Commitments and contingencies Stockholders' equity: Preferred Stock, $0.01 par value; authorized 2.0 shares, none issued and outstanding 1,008.4 87.3 257.1 Question Completion Status: 1.275.4 2.045.6 (204.8) Additional paid-in capital Retained earnings Accumulated other comprehensive loss, net of tax Total Tiffany & Co. stockholders' equity Non-controlling interests Total stockholders' equity 1.387.3 2,207,6 (273.2) 3,322.9 12.5 3,335.4 3,117.4 13.5 3.130.9 5,333.0 6,660.1 $ See notes to consolidated financial statements. What is Tiffany's acid-test ratio on January 31, 20207 113.43% 117.2196 158.39% 153.28% Question 3 of 3 > Moving to another question will save this response Close Window
