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
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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 %
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