Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren (Part 1) Required: Use the information in the financial statements to answer the following questions: 1. Does the compony use the single-step of multiple-step format to present its income statements? 2. Does the company report restructuring costs (yeso)? If so, how much? Note: Enter your answer in millions. Round your answer to 1 decimal place. 3. Does the company report asset impairments (yeso)? If so, how much? Note: Enter your answer in millions. Round your answer to 1 decimal place. 4. What amount does the company report for nonoperating income? Note: Enter your answer in millions. Round your answer to 1 decimal place. 5. Does the company choose to report comprehensive income in two consecutive statements or a combined statement? 7. What is the amount of comprehensive income? Note: Enter your answer in mililions. Round your answer to 1 decimal place. Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren (Part 1) Required: Use the information in the financial statements to answer the following questions. 1. Does the company use the single-step or multiple-step format to present its income statements? 2. Does the company report restructuring costs (yesino)? If so, how much? Note: Enter your answer in miltions. Round your answer to 1 decimal place- 3. Does the company report asset impairments fyesino)? If so, how much? Note: Enter your answer in miltions. Round your answer to 1 decimal place. 4. What amount does the company report for nonoperating income? Note: Enter your answer in millions. Round your answer to 1 decimal place. 5. Does the company choose to report comprehensive income in two consecutive statements or a combined statement? 7. What is the amount of comprehensive income? Note: Enter your answer in millions. Round your answer to 1 decimal place. Required information Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren [LO4-1, 4-3, 4-5, 4-6, 4-8] Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of premlum lifestyle products, including men's, women's and children's apparel. Below are selected financial statements taken from a recent 10K fliling. Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren (Part 2) Required: 6. What "other comprehensive items (OCl)1 did the compony report? Note: You may select more thon one answee. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Forelgn currency transiotion adpustments Gains (lossest on eash fow tedges. Net gan possesl on detined benefit plans: teterest and otherincomp, net Aertiveturing and other costs Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren (Part 1) Required: Use the information in the financial statements to answer the following questions: 1. Does the compony use the single-step of multiple-step format to present its income statements? 2. Does the company report restructuring costs (yeso)? If so, how much? Note: Enter your answer in millions. Round your answer to 1 decimal place. 3. Does the company report asset impairments (yeso)? If so, how much? Note: Enter your answer in millions. Round your answer to 1 decimal place. 4. What amount does the company report for nonoperating income? Note: Enter your answer in millions. Round your answer to 1 decimal place. 5. Does the company choose to report comprehensive income in two consecutive statements or a combined statement? 7. What is the amount of comprehensive income? Note: Enter your answer in mililions. Round your answer to 1 decimal place. Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren (Part 1) Required: Use the information in the financial statements to answer the following questions. 1. Does the company use the single-step or multiple-step format to present its income statements? 2. Does the company report restructuring costs (yesino)? If so, how much? Note: Enter your answer in miltions. Round your answer to 1 decimal place- 3. Does the company report asset impairments fyesino)? If so, how much? Note: Enter your answer in miltions. Round your answer to 1 decimal place. 4. What amount does the company report for nonoperating income? Note: Enter your answer in millions. Round your answer to 1 decimal place. 5. Does the company choose to report comprehensive income in two consecutive statements or a combined statement? 7. What is the amount of comprehensive income? Note: Enter your answer in millions. Round your answer to 1 decimal place. Required information Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren [LO4-1, 4-3, 4-5, 4-6, 4-8] Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of premlum lifestyle products, including men's, women's and children's apparel. Below are selected financial statements taken from a recent 10K fliling. Real World Case 4-8 (Static) Income statement format; restructuring costs; earnings per share; comprehensive income; statement of cash flows; Ralph Lauren (Part 2) Required: 6. What "other comprehensive items (OCl)1 did the compony report? Note: You may select more thon one answee. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Forelgn currency transiotion adpustments Gains (lossest on eash fow tedges. Net gan possesl on detined benefit plans: teterest and otherincomp, net Aertiveturing and other costs