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Computing and Analyzing Cash Flow Ratios Selected financial information from recent Form 10-K reports for Gap Inc. and American Eagle Outfitters Inc. follows. •Note: All amounts relate to the current year unless indicated as a prior year amount. ($ millions) Current liabilities, January 30, current year Current liabilities, January 31, prior year Total liabilities, January 30, current year Total liabilities, January 31, prior year Cash provided by operating activities Cash paid for capital expenditures Cash paid for dividends Ratio Current cash debt coverage $ Cash debt coverage $ Free cash flow: $ 0 a. For each company, compute the following ratios for the current fiscal year: current cash debt coverage; cash debt coverage; and free cash flow •Note: Round to the nearest whole dolllar Ratio Current cash debt coverage Cash debt coverage Free cash flow: $ 0 Gap Inc. American Eagle Outfitters Inc. $4,176 4,131 5,049 5,013 4,777 1,476 $22.815 20,106 44,352 42,363 22,263 6,534 3,393 $ $ Gap Inc. Numerator Denominator 0 + $ 0+ $ American Eagle Outfitters Inc. Numerator Denominator 0 0 0+ $ 0 $ 873 0 0 Result Result

Computing and Analyzing Cash Flow Ratios Selected financial information from recent Form 10-K reports for Gap Inc. and American Eagle Outfitters Inc. follows. •Note: All amounts relate to the current year unless indicated as a prior year amount. ($ millions) Current liabilities, January 30, current year Current liabilities, January 31, prior year Total liabilities, January 30, current year Total liabilities, January 31, prior year Cash provided by operating activities Cash paid for capital expenditures Cash paid for dividends Ratio Current cash debt coverage $ Cash debt coverage $ Free cash flow: $ 0 a. For each company, compute the following ratios for the current fiscal year: current cash debt coverage; cash debt coverage; and free cash flow •Note: Round to the nearest whole dolllar Ratio Current cash debt coverage Cash debt coverage Free cash flow: $ 0 Gap Inc. American Eagle Outfitters Inc. $4,176 4,131 5,049 5,013 4,777 1,476 $22.815 20,106 44,352 42,363 22,263 6,534 3,393 $ $ Gap Inc. Numerator Denominator 0 + $ 0+ $ American Eagle Outfitters Inc. Numerator Denominator 0 0 0+ $ 0 $ 873 0 0 Result Result

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Computing and Analyzing Cash Flow Ratios Selected financial information from recent Form 10-K reports for Gap Inc. and American Eagle Outfitters Inc. follows. •Note: All amounts relate to the current year unless indicated as a prior year amount. ($ millions) Current liabilities, January 30, current year Current liabilities, January 31, prior year Total liabilities, January 30, current year Total liabilities, January 31, prior year Cash provided by operating activities Cash paid for capital expenditures Cash paid for dividends Ratio Current cash debt coverage Cash debt coverage Free cash flow: $ 0 a. For each company, compute the following ratios for the current fiscal year: current cash debt coverage; cash debt coverage; and free cash flow •Note: Round to the nearest whole dolllar Ratio Current cash debt coverage Cash debt coverage Free cash flow: $0 $ $ Gap Inc, American Eagle Outfitters Inc. $4,176 4,131 Gap Inc. Numerator Denominator $22,815 20,106 44,352 42,363 22,263 6,534 3,393 $ $ 0 + $ 0 + $ American Eagle Outfitters Inc. Numerator Denominator 0 0 + $ 0+5 0 = 5,049 5,013 4,777 1,476 873 O Result Result
Transcribed Image Text:Computing and Analyzing Cash Flow Ratios Selected financial information from recent Form 10-K reports for Gap Inc. and American Eagle Outfitters Inc. follows. •Note: All amounts relate to the current year unless indicated as a prior year amount. ($ millions) Current liabilities, January 30, current year Current liabilities, January 31, prior year Total liabilities, January 30, current year Total liabilities, January 31, prior year Cash provided by operating activities Cash paid for capital expenditures Cash paid for dividends Ratio Current cash debt coverage Cash debt coverage Free cash flow: $ 0 a. For each company, compute the following ratios for the current fiscal year: current cash debt coverage; cash debt coverage; and free cash flow •Note: Round to the nearest whole dolllar Ratio Current cash debt coverage Cash debt coverage Free cash flow: $0 $ $ Gap Inc, American Eagle Outfitters Inc. $4,176 4,131 Gap Inc. Numerator Denominator $22,815 20,106 44,352 42,363 22,263 6,534 3,393 $ $ 0 + $ 0 + $ American Eagle Outfitters Inc. Numerator Denominator 0 0 + $ 0+5 0 = 5,049 5,013 4,777 1,476 873 O Result Result
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