Calculate the current ratio for each year.

Exercise 2-11 Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.)2017 2016 Current assets$ 925,359 $1,020,834 Total assets 1,963,676 1,867,680 Current liabilities 401,763 376,178 Total liabilities 554,645 527,216 Net income 179,061 400,019 Net cash provided by operating activities 302,193 464,270 Capital expenditures 265,335 250,407 Dividends paid on common stock 82,394 80,796 Weighted-average shares outstanding 205,169 216,119(a)Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)(b)Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.)(c)Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.)(d)Calculate the free cash flow for each year. (Enter amounts in thousands. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)


 

. WITH homework handlers TODAY AND GET AN AMAZING DISCOUNT

get-your-custom-paper

The post Calculate the current ratio for each year. appeared first on homework handlers .

 

“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

The post Calculate the current ratio for each year. appeared first on Homework Handlers.


Calculate the current ratio for each year. was first posted on July 10, 2019 at 6:25 am.
©2019 "Nursing Paper Tutors". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at [email protected]

 

"Is this question part of your assignment? We Can Help!"

Essay Writing Service