Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please make the response detailed and easy to read, thank you Computing Ratios The following information was obtained from recent annual reports on Form 10-K

Please make the response detailed and easy to read, thank you

image text in transcribed

Computing Ratios The following information was obtained from recent annual reports on Form 10-K for American Eagle Outfitters, Inc. $ thousands Deferred tax liabilities Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 $71,468 $67,332 $36,289 578,091 560,870 557,162 1,204,569 1,051,376 1,139,746 Total liabilities Total stockholders' equity Compute the debt-to-equity ratio (a) including deferred tax liabilities as part of total liabilities, and (b) excluding deferred tax liabilities as part of total liabilities. Note: Enter the answer rounded to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 Debt-to-equity ratio a. Include deferred tax liabilities 0.46 X 0.55 X 0.49 b. Exclude deferred tax liabilities 0.4 x 0.49 x 0.46

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

Advanced Financial Accounting

Authors: Clarence Byrd, Ida Chen

4th Edition

013089611X, 978-0130896117

More Books

Students also viewed these Accounting questions

Question

Explain why self-acceptance is important for high self-esteem.

Answered: 1 week ago