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 transcribedimage 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.) 2022 2021 $ 903,000 $958,100 Current assets Total assets 1,936,000 1,820,600 368,500 Current liabilities 430,000 Total liabilities 600,160 564,386 Net income 178,020 422,670 470,700 307,000 Net cash provided by operating activities 257,000 Capital expenditures 290,000 Dividends paid on common stock 77,000 74,300 207,000 219,000 Weighted-average common shares outstanding Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2022 2021 Earnings per share $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Financial Accounting For Decision Makers

Authors: Peter Atrill, Eddie McLaney

9th Edition

1292251255, 9781292251257

More Books

Students also viewed these Accounting questions

Question

=+b) What are the upper and lower 3s control limits?

Answered: 1 week ago