E2.12 (LO 2), AP 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.) 2022 2021 Current assets $ 925,359 $1,020,834 Total assets 1,963,676 1,867,680 Current liabilities 401,763 376,178 Total liabilities 554,645 527.216 Net income 179,061 400,019 Net cash provided by operating activities 302,193 464,270 Capital expenditures 265,335 250,407 Dividends paid on common stock 82,394 80,796 Weighted average common shares outstanding 205,169 216,119 Instructions Perform each of the following: a. Calculate the current ratio for each year. b. Calculate earnings per share for each year. c. Calculate the debt to assets ratio for each year. d. Calculate the free cash flow for each year. e. Discuss American Eagle's solvency in 2022 versus 2021. f. Discuss American Eagle's ability to finance its investment activities with net cash provided by oper- ating activities, and how any deficiency would be met