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 ofAmerican Eagle Outfitters. (All numbers, including share data, are in thousands.)
20172016Current assets$867,300$994,950Total assets1,906,3001,854,950Current liabilities413,000368,500Total liabilities567,700521,800Net income173,000407,500Net cash provided by operating activities302,000492,800Capital expenditures263,000285,900Dividends paid on common stock79,000125,200Weighted-average shares outstanding204,000215,100
(a)
Calculate the current ratio for each year.(Round answers to 2 decimal places, e.g. 15.25.)
20172016Current ratio
: 1
: 1
(b)
Calculate earnings per share for each year.(Round answers to 2 decimal places, e.g. 15.25.)
20172016Earnings per share$
$
(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
%
%
(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$
$
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