$1$

RWP$3-3($Static$)$ The Buckle, Incorporated

$35$

Financial information for Buckle is presented in $Appendi{x}_B$ at the end of the book.

points

$00$:$41$:$24$

Required:

For the most recent year, what amount does Buckle report for current assets? What is the ratio of current assets to total assets?

For the most recent year, what amount does Buckle report for current liabilities? What is the ratio of current liabilities to total liabilities?

For the most recent year, what is the change in retained earnings reported in the balance sheet?

For the most recent year, what is the amount of net income reported in the income statement?

eBook

Calculate the amount of dividends during the year using only your answers in questions $3$ and $4$ above.

References

Required $1$

Required $2$

Required $3$

Required $5$

For the most recent year, what amount does Buckle report for current assets? What is the ratio of current assets to total assets? $($Round "Ratio of cufrent assets" to $2$ decimal places.$)$

Current assets $$

Ratio of current assets