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Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters . (All numbers, including share data, are in
Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.)
2022 | 2021 | |||
---|---|---|---|---|
Current assets | $ 880,000 | $965,900 | ||
Total assets | 1,934,000 | 1,834,400 | ||
Current liabilities | 400,000 | 371,500 | ||
Total liabilities | 551,190 | 522,804 | ||
Net income | 195,840 | 425,700 | ||
Net cash provided by operating activities | 296,000 | 496,000 | ||
Capital expenditures | 268,000 | 279,500 | ||
Dividends paid on common stock | 79,000 | 108,600 | ||
Weighted-average common shares outstanding | 204,000 | 215,000 |
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).)
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