Exercise 2-11
Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.)
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2017Â 2016
Current assets
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$Â 925,359 $1,020,834
Total assets
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1,963,676 1,867,680
Current liabilities
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401,763 376,178
Total liabilities
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554,645 527,216
Net income
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179,061 400,019
Net cash provided by operating activities
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302,193 464,270
Capital expenditures
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265,335 250,407
Dividends paid on common stock
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82,394 80,796
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Weighted-average shares outstanding
Â
205,169 216,119
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(a)
Â
Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)
Â
(b)
Â
Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.)
Â
Â
(c)
Â
Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.)
Â
(d)
Â
Calculate the free cash flow for each year. (Enter amounts in thousands. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Answers
Status NEW
Posted 20 Jun 2017 03:06 AM
My Price 7.00
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