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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

$ 892,500 $893,750

Total assets

1,930,500 1,709,250

Current liabilities

425,000 357,500

Total liabilities

579,150 512,775

Net income

207,900 451,410

Net cash provided by operating activities

295,000 476,500

Capital expenditures

263,000 268,300

Dividends paid on common stock

81,000 86,000

Weighted-average common shares outstanding

210,000 220,200

(a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)

2022 2021

Current ratio

enter current ratio rounded to 2 decimal places : 1 enter current ratio rounded to 2 decimal places : 1

(b) Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.)

2022 2021

Earnings per share

$ enter a dollar amount rounded to 2 decimal places $ enter a dollar amount rounded to 2 decimal places

(c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.)

2022

2021

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).)

2022

2021

Free cash flow

$enter a dollar amount $enter a dollar amount

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