Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.)

image text in transcribed
image text in transcribed
image text in transcribed
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.) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) (b) Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.) (c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.3. 29.5\%.) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number e.8. -45 or parentheses e.3. (45). Enter amounts in thousands.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions