Question: Current Attempt in Progress Suppose the following data were taken from the 2025 and 2024 financial statements of American Eagle Outfitters. (All numbers. including

Current Attempt in Progress Suppose the following data were taken from the2025 and 2024 financial statements of American Eagle Outfitters. (All numbers. including

Current Attempt in Progress Suppose the following data were taken from the 2025 and 2024 financial statements of American Eagle Outfitters. (All numbers. including share data, are in thousands.) 2025 2024 Current assets Total assets Current liabilities $897,600 $942,500 1,957,600 1,820,500) 408,000 362,500 Total liabilities 548,128 509,740 Net income 191,900 414,180 Dividends paid on common stock 79,000 82,800 Weighted-average common shares outstanding 202,000 212,400 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25:1.) Current ratio 2025 :1 2024 1 (b) Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.) Earnings per share $ (c) 2025 2024 Calculate the debt to assets ratio for each year. (Round answers to 1 decimal place, e.g. 29.5%.) 2025 2024 Debt to assets ratio % do %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!