Question: The following data are based on information in the 2016 annual report of Cracker Barrel Old Country Store. As of July 29, 2016, Cracker Barrel

 The following data are based on information in the 2016 annual

The following data are based on information in the 2016 annual report of Cracker Barrel Old Country Store. As of July 29, 2016, Cracker Barrel operated 640 restaurants and gift shops in 43 states. Dollar amounts are in, thousands 2016 2015 Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained eamings at end of 2014 $1,497,664 $1,576,20 971,221 1,037,9 526,443 538,268 2,912,351 2,842,284 2,723,052 2,678,381 186,505 171,383 S 493,167 Required a. Calculate the company's net income and retained earnings for 2015 and b. Which increased (or decreased) by the greatest percentage amount: c. For each year, calculate the company's net income as a percentage of its d. Please compute the debt ratio, return on assets, and return on equity for 2016. revenues or net income? Show your computations. revenues. Show your computations. both years. For each ratio please note if it went up or down and whether 7.4 or not this means it is a good or bad trend. e. Did the company perform better in 2015 or 2016? Explain your

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