Problem -
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.
(b) Calculate earnings per share for each year.
(c) Calculate the debt to assets ratio for each year.
(d) Calculate the free cash flow for each year.