Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle...
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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 thousands.) K 2022 2021 Current assets Total assets Current liabilities $867,300 $994,950 1.906,300 1,854,950 413,000 368,500 Total liabilities $71,890 556,485 Net income 206,040 440,955 Net cash provided by operating activities 302,000 492,800 Capital expenditures 263,000 285,900 Dividends paid on common stock 79,000 125,200 Weighted-average common shares outstanding 204.000 215,100 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2022 Current ratio: 2021 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.) K 2022 2021 Current assets Total assets Current liabilities $867,300 $994,950 1.906,300 1,854,950 413,000 368,500 Total liabilities $71,890 556,485 Net income 206,040 440,955 Net cash provided by operating activities 302,000 492,800 Capital expenditures 263,000 285,900 Dividends paid on common stock 79,000 125,200 Weighted-average common shares outstanding 204.000 215,100 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2022 Current ratio: 2021
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