Let's look at Dick's Sporting Goods (Dick's) some more. Think about Dick's. What liabilities might Dick's have
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Now answer the following questions:
1. Look at Dick's balance sheet. Look at the liabilities Dick's owes as of January 31, 2015 and February 1, 2014. For these two years, how much of Dick's liabilities are current and how much are long-term, non-current?
2. Look over Dick's January 31, 2015 balance sheet. What are the different types of liabilities that Dick's owes?
3. What is Dick's debt ratio and interest coverage ratio for the year ending January 31, 2015? What do these ratios tell you?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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