Question: Current Attempt in Progress Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, including

Current Attempt in Progress 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 Total assets Current liabilities Total liabilities. $891,000 $993,600 1,930,000 1,840,600 405,000 368,000 559,700 533,774 Net income 195,225 407,484 Net cash provided by operating activities 332,000 482.200 Capital expenditures 300,000 270,600 Dividends paid on common stock 73,000 117,300 Weighted-average common shares outstanding 205,500 215,600 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2022 Current ratio (b) 2021 :1 :1
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