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Compute 2 years of the following ratios from the financial statements below: A. Profit margin ratio B. Return on total assets C. Return on equity D. Basic earnings per share E. Current ratio F. Debt ratio Additional information: Total Assets as of Feb 1, 2020 ___________________$3,328,679 ($ in Thousands) Total Stockholders’ equity as of Feb 1, 2020 ________$1,247,853 ($ in Thousands

Compute 2 years of the following ratios from the financial statements below: A. Profit margin ratio B. Return on total assets C. Return on equity D. Basic earnings per share E. Current ratio F. Debt ratio Additional information: Total Assets as of Feb 1, 2020 ___________________$3,328,679 ($ in Thousands) Total Stockholders’ equity as of Feb 1, 2020 ________$1,247,853 ($ in Thousands

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute 2 years of the following ratios from the financial statements below:

A. Profit margin ratio

B. Return on total assets

C. Return on equity

D. Basic earnings per share

E. Current ratio

F. Debt ratio

Additional information:                                                                                                                                              Total Assets as of Feb 1, 2020  ___________________$3,328,679 ($ in Thousands)                                            Total Stockholders’ equity as of Feb 1, 2020 ________$1,247,853 ($ in Thousands)

Consolidated Balance Sheets - USD ($) $ in Thousands Current assets: Cash and cash equivalents Merchandise inventory Accounts receivable, net Prepaid expenses and other Total current assets Operating lease right-of-use assets Property and equipment, at cost, net of accumulated depreciation Goodwill, net Intangible assets, net Non-current deferred income taxes Other assets Total assets Current liabilities: Accounts payable Current portion of operating lease liabilities Accrued compensation and payroll taxes Unredeemed gift cards and gift certificates Accrued income and other taxes Other current liabilities and accrued expenses Total current liabilities Non-current liabilities: Non-current operating lease liabilities Long-term debt, net Other non-current liabilities Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 168,699 and 166,335 shares outstanding, respectively Contributed capital Accumulated other comprehensive loss, net of tax Retained earnings Treasury stock, 80,867 and 83,231 shares, respectively, at cost Total stockholders' equity Total liabilities and stockholders' equity Jan. 29, 2022 S 434,770 553,458 286,683 122,013 1,396,924 1,193,021 728,272 271,416 102,701 44,167 50,142 3,786,643 231,782 311,005 141,817 71,365 16,274 70,628 842,871 1,154,481 341,002 24,617 1,520,100 2,496 636,355 (40,845) 2,203,772 (1,378,106) 1,423,672 S 3,786,643 Jan. 30, 2021 S 850,477 405,445 146,102 120,619 1,522,643 1,155,965 623,808 13,267 57,065 33,045 29,013 3,434,806 255,912 328,624 142,272 62,181 14,150 55,343 858,482 1,148,742 325,290 15,627 1,489,659 2,496 663,718 (40,748) 1,868,613 (1,407,414) 1,086,665 $3,434,806
Transcribed Image Text:Consolidated Balance Sheets - USD ($) $ in Thousands Current assets: Cash and cash equivalents Merchandise inventory Accounts receivable, net Prepaid expenses and other Total current assets Operating lease right-of-use assets Property and equipment, at cost, net of accumulated depreciation Goodwill, net Intangible assets, net Non-current deferred income taxes Other assets Total assets Current liabilities: Accounts payable Current portion of operating lease liabilities Accrued compensation and payroll taxes Unredeemed gift cards and gift certificates Accrued income and other taxes Other current liabilities and accrued expenses Total current liabilities Non-current liabilities: Non-current operating lease liabilities Long-term debt, net Other non-current liabilities Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 168,699 and 166,335 shares outstanding, respectively Contributed capital Accumulated other comprehensive loss, net of tax Retained earnings Treasury stock, 80,867 and 83,231 shares, respectively, at cost Total stockholders' equity Total liabilities and stockholders' equity Jan. 29, 2022 S 434,770 553,458 286,683 122,013 1,396,924 1,193,021 728,272 271,416 102,701 44,167 50,142 3,786,643 231,782 311,005 141,817 71,365 16,274 70,628 842,871 1,154,481 341,002 24,617 1,520,100 2,496 636,355 (40,845) 2,203,772 (1,378,106) 1,423,672 S 3,786,643 Jan. 30, 2021 S 850,477 405,445 146,102 120,619 1,522,643 1,155,965 623,808 13,267 57,065 33,045 29,013 3,434,806 255,912 328,624 142,272 62,181 14,150 55,343 858,482 1,148,742 325,290 15,627 1,489,659 2,496 663,718 (40,748) 1,868,613 (1,407,414) 1,086,665 $3,434,806
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands Income Statement [Abstract] Total net revenue Cost of sales, including certain buying, occupancy and warehousing expenses Gross profit Selling, general and administrative expenses Impairment, restructuring and COVID-19 related charges Depreciation and amortization expense Operating income (loss) Interest expense (income), net Other income, net income (loss) before income taxes Provision (benefit) for income taxes Net income (loss) Basic net income (loss) per common sh Diluted net income (loss) per common share Weighted average common shares outstanding - basic Weighted average common shares outstanding-diluted [1] [1] Jan. 29, 2022 $ 5,010,785 3,018,995 1,991,790 1,222,000 11,944 166,781 591,065 34,632 (2,489) 558,922 139,293 $ 419,629 $2.50 $ 2.03 168,156 206,529 12 Months Ended Jan. 30, 2021 $ 3,759,113 2,610,966 1.148,147 977,264 279,826 162,402 (271.345) 24,610 (3,682) (292,273) (82,999) S (209,274) $ (1.26) $ (1.26) 166,455 166,455
Transcribed Image Text:Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands Income Statement [Abstract] Total net revenue Cost of sales, including certain buying, occupancy and warehousing expenses Gross profit Selling, general and administrative expenses Impairment, restructuring and COVID-19 related charges Depreciation and amortization expense Operating income (loss) Interest expense (income), net Other income, net income (loss) before income taxes Provision (benefit) for income taxes Net income (loss) Basic net income (loss) per common sh Diluted net income (loss) per common share Weighted average common shares outstanding - basic Weighted average common shares outstanding-diluted [1] [1] Jan. 29, 2022 $ 5,010,785 3,018,995 1,991,790 1,222,000 11,944 166,781 591,065 34,632 (2,489) 558,922 139,293 $ 419,629 $2.50 $ 2.03 168,156 206,529 12 Months Ended Jan. 30, 2021 $ 3,759,113 2,610,966 1.148,147 977,264 279,826 162,402 (271.345) 24,610 (3,682) (292,273) (82,999) S (209,274) $ (1.26) $ (1.26) 166,455 166,455
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