You are provided with the following information forBramble Corp., effective as of its April 30, 2017, year-end.

Accounts payable$904

Accounts receivable970

Accumulated depreciationequipment670

Cash1,430

Common stock1,380

Cost of goods sold1,130

Depreciation expense265

Dividends395

Equipment2,580

Income tax expense235

Income taxes payable205

Insurance expense280

Interest expense470

Inventory1,127

Land3,260

Mortgage payable3,660

Notes payable221

Prepaid insurance130

Retained earnings (beginning)1,600

Salaries and wages expense630

Salaries and wages payable292

Sales revenue5,260

Stock investments (short-term)1,290

Make a income statement forBramble Corp.for the year ended April 30, 2017.

Make a retained earnings statement forBramble Corp.for the year ended April 30, 2017.(List items that increase retained earnings first.)

Make a classified balance sheet forBramble Corp.as of April 30, 2017.(List current assets in order of liquidity.)

2.Suppose the following data were taken from the 2017 and 2016 financial statements ofAmerican Eagle Outfitters. (All numbers, including share data, are in thousands.)

2016 2017

Current assets$871,500

$972,000

Total assets 1,908,500

1,786,000

Current liabilities

415,000

360,000

Total liabilities

565,600

513,600

Net income

172,000

384,200

Net cash provided by operating activities

322,000

498,600

Capital expenditures

289,000

290,200

Dividends paid on common stock

82,000

126,700

Weighted-average shares outstanding

206,000

216,100

(a)

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

2017 2016

(b)

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

2017 2016

(c)

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

2017

2016

(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).)