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only need answers to part E and F please E2-11 Suppose the following data were taken from the 2017 and 2016 financial statements of American

only need answers to part E and F pleaseimage text in transcribed

E2-11 Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.) Compute and interpret solvency ratios. LO 2), AP 2017 2016 Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Capital expenditures Dividends paid on common stock $ 925,359 $1,020,834 1,867,680 376,178 527,216 400,019 464,270 250.407 80,796 216,119 1,963,676 401,763 554,645 179,061 302,193 265,335 82,394 205,169 Weighted-average shares outstanding 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 2017 versus 2016 () Discuss American Eagle's ability to finance its investment activities with net cash pro- vided by operating activities, and how any deficiency would be met

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