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Suppose the following data were taken from the 2025 and 2024 financial statements of American Eagle Outfitters. (All numbers. including share data, are in

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Suppose the following data were taken from the 2025 and 2024 financial statements of American Eagle Outfitters. (All numbers. including share data, are in thousands.) 2025 2024 Current assets Total assets Current liabilities Total liabilities $924,000 $942,500 1,980,000 1,822,500 440,000 377,000 594,000 546,750 Net income 172.000 389,055 Dividends paid on common stock 70,000 105,300 Weighted-average common shares outstanding 200,000 210,300 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25:1) Current ratio 2025 :1 2024

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