Question
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 |
(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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