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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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