Calculate the debt to assets ratio for each year

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Reference no: EM132631050

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.)


2022 2021
Current assets $871,500 $972,000
Total assets 1,908,500 1,786,000
Current liabilities 415,000 360,000
Total liabilities 564,916 528,656
Net income 197,760 410,590
Net cash provided by operating activities 322,000 498,600
Capital expenditures 289,000 290,200
Dividends paid on common stock 82,000 126,700
Weighted-average common shares outstanding 206,000 216,100

Problem (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)

Problem (b) Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.)

Problem (c) Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.)

Problem (d) Calculate the free cash flow for each year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Reference no: EM132631050

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