Question
Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters . (All numbers, including share data, are in
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.)
2017 | 2016 | |||
---|---|---|---|---|
Current assets | $ 1,012,000 | $ 1,036,000 | ||
Total assets | 2,045,000 | 1,893,500 | ||
Current liabilities | 440,000 | 370,000 | ||
Total liabilities | 591,200 | 522,700 | ||
Net income | 175,000 | 429,400 | ||
Net cash provided by operating activities | 298,000 | 459,700 | ||
Capital expenditures | 253,000 | 247,300 | ||
Dividends paid on common stock | 86,000 | 60,300 | ||
Weighted-average shares outstanding | 203,500 | 214,000 |
(a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)
2017 | 2016 | ||||||
---|---|---|---|---|---|---|---|
Current ratio | : 1 | : 1 |
(b) Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.)
2017 | 2016 | ||||||
---|---|---|---|---|---|---|---|
Earnings per share | $ | $ |
(c)Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.)
2017 | 2016 | |||||
---|---|---|---|---|---|---|
Debt to assets ratio | enter percentages rounded to 1 decimal place | % | enter percentages rounded to 1 decimal place | % |
(d) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
2017 | 2016 | |||
---|---|---|---|---|
Free cash flow | $ enter a dollar amount | $ enter a dollar amount |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started