Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Download the financial statements for Buckle (BKE) a small retail clothing store a. Go to the companys website, find Investor Relations, choose SEC filings, download

Download the financial statements for Buckle (BKE) a small retail clothing store
a. Go to the companys website, find Investor Relations, choose SEC filings, download the PDFs for 2019-2023 10K annual reports
b. Enter 5 years of financial data in Tab 1 in the spreadsheet provided
c. Answers the questions in Tab 2
Buckle Consolidated Statements of Earnings (in millions of U.S. dollars) For the Years Ended Common Size AnalysisHorizontal Analysis 20232022202120202019 202320222021202020192020-201923-2222-2121-2020-19Revenues Total Revenues 100.00%100.00%100%100%100% Cost of sales Gross profit Selling Expenses Admin Expenses Operating Income Other income Earnings before income taxes Income Tax Expense Net Income Basic EPS Weighted Average Shares Outstanding Dividends per share Buckle Consolidated Balance Sheets (in millions of U.S. dollars) Common Size Analysis Horizontal Analysis20232022202120202019 202320222021202020192023-2019ASSETS Cash and cash equivalents Short Term investments Receivables Inventories Other (prepaid) current assets Total current assets Property, plant and equipment, net Accumulated depreciation Opearting Leases Long Term Investments Other assets Total Long term asses TOTAL ASSETS LIABILITIES Accounts payable Accrued Employee Compensation Acrrued operating expenses Gift Certitificates Redeemable Current portion of of Op Lease liabilities see note 1 Income Taxes Payable Total current liabilities Deferred Compensation Non current Operatin Lease liabilities Long term Liabilities TOTAL LIABILITIES EQUITY Preferred Stock Common Stock Additional paid-in capital Retained Earnings TOTAL EQUITY TOTAL LIABILITIES AND EQUITY CASH FLOW STATEMENT Cash flows from operating activities:20232022202120202019 Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Amortization various items Deferred Income Taxes Other, net Receivables, net Inventories Prepaid expenses Accounts payable Accrued employee compensation Acrrued Store Expenses Gift Certificates Redeemable Income Taxes Payable Other revenue assets and liabilities, net Net cash provided by operating activities Cash flows from investing activities: Capital Expenditures Sale of Assets Other investing activities Purchase of Investments Proceeds sale of investments Net cash used in investing activities Cash flows from financing activities: Purchase of Common Stock Dividends paid Net cash used in financing activities Effect of exchange rate changes on cash Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, beginning of period Net cHaange in cash Cash and cash equivalents, end of period Free Cash Flow (in millions)21229321912398 Share Price= Market price45.4533.8330.1317.1611.03 Shares Outstanding in millions50,456 49,017 Dividends Per share1.4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Accounting Concepts Principles And Procedures Volume 1

Authors: Gregory Mostyn, Worthy And James

2nd Edition

0991423100, 978-0991423101

More Books

Students also viewed these Accounting questions