inancial information for Buckle is presented in Appendix B at the end of the book.

Required:

$1.$ For the most recent year, what amount does Buckle report for current assets? What is the ratio of current assets to total assets?

$2.$ For the most recent year, what amount does Buckle report for current liabilities? What is the ratio of current liabilities to total liabilities?

$3.$ For the most recent year, what is the change in retained earnings reported in the balance sheet?

$4.$ For the most recent year, what is the amount of net income reported in the income statement?

$5.$ Calculate the amount of dividends during the year using only your answers in questions $3$ and $4$ above.