Computing Ratios The following information was obtained from recent annual reports on Form 10-K for American Eagle Outfitters, Inc. $ thousands Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 Deferred tax liabilities $71,468 $67,332 $36,289 Total liabilities 578,091 560,870 557,162 Total stockholders' equity 1,204,569 1,051,376 1,139,746 Compute the debt-to-equity ratio (a) including deferred tax liabilities as part of total liabilities, and (b) excluding deferred tax liabilities as part of total liabilities. Note: Round ratios to two decimal places (for example, enter .32 for .3156). Debt-to-equity ratio Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 a. Include deferred tax liabilities b. Exclude deferred tax liabilities
Computing Ratios The following information was obtained from recent annual reports on Form 10-K for American Eagle Outfitters, Inc. $ thousands Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 Deferred tax liabilities $71,468 $67,332 $36,289 Total liabilities 578,091 560,870 557,162 Total stockholders' equity 1,204,569 1,051,376 1,139,746 Compute the debt-to-equity ratio (a) including deferred tax liabilities as part of total liabilities, and (b) excluding deferred tax liabilities as part of total liabilities. Note: Round ratios to two decimal places (for example, enter .32 for .3156). Debt-to-equity ratio Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 a. Include deferred tax liabilities b. Exclude deferred tax liabilities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Computing Ratios
The following information was obtained from recent annual reports on Form 10-K for American Eagle Outfitters, Inc.
| $ thousands | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 |
|---|---|---|---|
| $71,468 | $67,332 | $36,289 | |
| Total liabilities | 578,091 | 560,870 | 557,162 |
| Total |
1,204,569 | 1,051,376 | 1,139,746 |
Compute the debt-to-equity ratio (a) including deferred tax liabilities as part of total liabilities, and (b) excluding deferred tax liabilities as part of total liabilities.
Note: Round ratios to two decimal places (for example, enter .32 for .3156).
| Debt-to-equity ratio | Jan. 28, 2017 | Jan. 30, 2016 | Jan. 31, 2015 | |
|---|---|---|---|---|
| a. | Include deferred tax liabilities |
|
|
|
| b. | Exclude deferred tax liabilities |
|
|
|
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