Help me calculate the Current Ratio and the Quick Ratio
Page 8 98198005 Page 9 JB198005 EXHIBIT 1: BON-TON-STOCK PRICE CHANGES EXHIBIT 2: BON-TON-CONSOLIDATED ANNUAL INCOME STATEMENT Date Close (US$) Volume Date Close (US$) Volume (IN US$ MILLIONS) 01/31/2014 10.7500 12,021,369 01/31/2017 1.1800 2,245,508 2013 2016 2017 02/28/2014 10 8600 11,554,096 02/28/2017 1.2000 3.238,586 Period End Date 02-Feb- 01-Feb- 1-Jan- 30-Jan- 28-Jan- 03/31/2014 10.9800 13,321,443 03/31/2017 0.8401 4,125,950 2013 2014 2015 2016 2017 04/30/2014 11.0000 8,062,696 04/28/2017 0.5800 1,578,068 Net Sales 2.919.4 2.770.1 2.756.2 2,717.7 2.600.6 05/30/2014 10.2400 9,823,094 05/31/2017 0.4900 2.718,422 Other Income 59.4 54.0 66.7 71.8 73.8 06/30/2014 10.3100 4,341,273 06/30/2017 0.4375 2,399,762 Total Revenue 2,978.8 2,834.1 2,822.9 2,789.5 2,674.4 07/31/2014 9.3000 6,161,942 07/31/2017 0.5611 30,098,772 08/29/2014 10.5600 7,245,606 08/31/2017 0.6600 8,866,622 Costs of Merchandise Sold 1.873.9 1.768.7 1,773.0 1.775.7 1.677.7 09/30/2014 8.3600 5,129,172 09/29/2017 6,578,453 Gross Profit 1,104.9 1,065.4 1,049.9 1,013.8 996. Selling, General, and 10/3 1/2014 8.8100 5,088,194 10/31/2017 0.7498 125,880,307 Administrative 806.8 771.1 771.4 764.2 737.3 11/28/2014 8.4200 3,039,167 11/30/2017 0.3900 19,184,022 Advertising 129.3 128.3 135.6 137.3 141.5 12/31/2014 7.4100 5,036,654 12/29/2017 0.3421 2,354.666 Depreciation and Amortization 38.3 85.9 90.1 91.8 92.2 01/30/2015 5.4800 5,522,130 01/31/2018 0. 1600 4,705,119 Amortization of Lease-Related 02/27/2015 5.5500 2,749,656 02/28/2018 0.0579 2,904,991 Interests 4.5 4.5 4.2 4.2 Termination Benefits and 03/31/2015 5.9600 8,936,071 Other Closing Cost 0.0 0.0 1.9 04/30/2015 7.1700 3,230,145 Gain on Insurance Recovery 0.0 0.0 -1.4 0.0 05/29/2015 5.8500 1,424,906 Impairment Charges 5.8 6.2 2.5 3.6 17.0 06/30/2015 4.6200 5,711,156 Total Operating Expense 1.034.9 996.0 993.3 1.003.8 994.1 07/31/2015 4.3700 5,233,506 Operating Incom 70.0 69.4 56.6 10.0 2.6 08/31/2015 3.9900 4,323,936 09/30/2015 3.1400 4,250,240 Interest Expense, Net (83.0) (68.8) (62.0) (63.0) (67.1) 10/30/2015 3.1500 2,591,712 Loss on Extinguishment of 1 1/30/2015 2.6800 16,068,764 Debt B.4 0.2 6.2 0.8 12/31/2015 2.1000 17,549,682 Capitalized Interest 0.2 0.2 0.3 0.5 0.2 01/29/2016 6,538,218 Net Income before Taxes -21.3 -3.6 -5.4 -58.9 -65.0 1.7000 02/29/2016 .9000 2,853,779 Provision for Income Taxes 0.2 -0.1 1.6 03/31/2016 2.2700 5,857,231 Net Income after Taxes/Loss -21.6 -3.6 -7.0 -57.1 -63.4 04/29/2016 2.3100 1,651,298 05/31/2016 1.5100 2,390,247 Basic EPS -1.16 -0.19 0.36 -3.18 -2.90 06/30/2016 1.4100 1,769,216 Diluted EPS -1.16 -0.19 -0.36 -3.18 07/29/2016 1.4900 1,446,724 Note: EPS = eamings per share. 08/31/2016 1.7000 2,453,819 Source: Created by the case authors with information from "The Bon Ton Stores Inc. BONTQ: Income Statement," Morningstar, accessed February 23, https /financials.momingstar.com/income- 09/30/2016 1.7100 1,153,691 statement/is.html?1=0PQ090goUQ&culture=en-USSplatform=sal; and Thomson Reuters Elkton 10/3 1/2016 .3601 1,026,520 11/30/2016 1.5800 1,843,072 1.4700 1,988,047
