Homework Help is Here – Start Your Trial Now!
Business
Accounting
Suppose the following data were taken from the 2022 and 2021 financial statements of Ame including share data, are in thousands) Current assets Total assets Current liabilities Total liabilities Net Income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding Current ratio (b) 2022 Earnings per share Debt to assets ratio 2022 Free cash flow S (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2021 2.1 2022 11 2022 2022 $871.500 1,908,500 415,000 564,916 197,760 322.000 0.96 289,000 49.000 82.000 206,000 Calculate earnings per share for each year. (Round answers to 2 decimal places, eg 15.25) 0.296 % 2021 2021 $972,000 1,786,000 $ 360,000 528.656 410,590 498.600 290,200 126,700 216.100 (c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, eg 29.5%) 27 2021 11 2021 (d) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number eg-45 or parenth (45). Enter amounts in thousands) 1.50 81,700 0296 % moers

Suppose the following data were taken from the 2022 and 2021 financial statements of Ame including share data, are in thousands) Current assets Total assets Current liabilities Total liabilities Net Income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding Current ratio (b) 2022 Earnings per share Debt to assets ratio 2022 Free cash flow S (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2021 2.1 2022 11 2022 2022 $871.500 1,908,500 415,000 564,916 197,760 322.000 0.96 289,000 49.000 82.000 206,000 Calculate earnings per share for each year. (Round answers to 2 decimal places, eg 15.25) 0.296 % 2021 2021 $972,000 1,786,000 $ 360,000 528.656 410,590 498.600 290,200 126,700 216.100 (c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, eg 29.5%) 27 2021 11 2021 (d) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number eg-45 or parenth (45). Enter amounts in thousands) 1.50 81,700 0296 % moers

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Godo

Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands) Current assets Total assets Current liabilities Total liabilities Net Income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding (a) Current ratio (b) Earnings per share (c) 2022 Debt to assets ratio (d) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2022 Free cash flow $ 2.1 2022 2022 $871,500 1,908,500 415,000 1 2022 564,916 197,760 322.000 289,000 Calculate earnings per share for each year. (Round answers to 2 decimal places, eg 15.25) 096 49.000 82.000 206.000 2021 0.296 % 2021 2021 $972,000 1,786,000 $ 360,000 528.656 410.590 Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, eg 29.5%) 498.600 290,200 126,700 216,100 27 11 Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg. (45). Enter amounts in thousands) 2021 2021 1.90 81.700 0.296 %
Transcribed Image Text:Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands) Current assets Total assets Current liabilities Total liabilities Net Income Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average common shares outstanding (a) Current ratio (b) Earnings per share (c) 2022 Debt to assets ratio (d) Calculate the current ratio for each year. (Round answers to 2 decimal places, eg 15.25) 2022 Free cash flow $ 2.1 2022 2022 $871,500 1,908,500 415,000 1 2022 564,916 197,760 322.000 289,000 Calculate earnings per share for each year. (Round answers to 2 decimal places, eg 15.25) 096 49.000 82.000 206.000 2021 0.296 % 2021 2021 $972,000 1,786,000 $ 360,000 528.656 410.590 Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, eg 29.5%) 498.600 290,200 126,700 216,100 27 11 Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg. (45). Enter amounts in thousands) 2021 2021 1.90 81.700 0.296 %
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS