Using Dicks Sporting Goods balance sheet and income statement complete the following questions:

Objective: Analyze your company’s most recent annual report to draw conclusions about (a) components of equity and (b) use of debt vs equity for financing.

1. Analyze Equity:
   1. Compare the amounts of Contributed Capital vs Earned Capital.
   2. What are the components of contributed capital? Does the company issue prefer or common stock? How many shares are outstanding? What is the amount of par vs add’l paid-in the capital?
   3. Did the company pay dividends? If so, how much? Why do companies choose to pay dividends?
   4. What is the company’s EPS?
   5. Did the company repurchase any stock (ex Treasury Stock). If so, how much? Why might a company choose to buy back its own stock?
       

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CONSOLIDATED BALANCE SHEETS - USD (S) S in Thousands Feb. 01, 2020 Feb. 02, 2019 CURRENT ASSETS: $ 69,334 53,173 Cash and cash equivalents $ 113,653 Accounts receivable, net 37,970 Income taxes receivable 5,762 6,135 Inventories, net 2,202,275 1,824,696 Prepaid expenses and other current assets 79,472 139,944 Total current assets 2,410,016 2,122,398 Property and equipment, net 1,415,728 1,565,271 Operating lease assets 2,313,846 Intangible assets, net 94,768 130,166 Goodwill 245,857 250,476 OTHER ASSETS: Deferred income taxes 14,412 13,243 Other 133,933 105,595 Total other assets 148,345 118,838 TOTAL ASSETS 6,628,560 4,187,149 CURRENT LIABILITIES: Accounts payable 1,001,589 889,908 Accrued expenses 415,501 364,342 Operating lease liabilities Income taxes payable 422,970 10,455 20,142 Deferred revenue and other liabilities 225,959 230,247 Total current liabilities 2,076,474 1,504,639 LONG-TERM LIABILITIES: Revolving credit borrowings 224,100 Long-term operating lease liabilities 2,453,346 Deferred income taxes 9,187 11,776 Other long-term liabilities 133,855 766,573 Total long-term liabilities 2,820,488 778,349 Commitments and contingencies STOCKHOLDERS' EQUITY: Preferred stock, par value $0.01 per share, authorized shares 5,000,000; none issued and outstanding Additional paid-in capital 1,253,867 1,214,287 Retained oarnings 2,645,281 2,455,192 Accumulated other comprehensive loss (120) (120) Treasury stock, at cost, 52,481,010 and 41,429,482 at February 1, 2020 and February 2, 2019, respectively (2,168,266) (1,766,136) Total stockholders' equity 1,731,598 1,904,161 TOTAL LIABILITIES AND 6,628,560 4,187,149 STOCKHOLDERS' EQUITY CONSOLIDATED BALANCE SHEETS - USD (S) S in Thousands Feb. 01, 2020 Feb. 02, 2019 CURRENT ASSETS: $ 69,334 53,173 Cash and cash equivalents $ 113,653 Accounts receivable, net 37,970 Income taxes receivable 5,762 6,135 Inventories, net 2,202,275 1,824,696 Prepaid expenses and other current assets 79,472 139,944 Total current assets 2,410,016 2,122,398 Property and equipment, net 1,415,728 1,565,271 Operating lease assets 2,313,846 Intangible assets, net 94,768 130,166 Goodwill 245,857 250,476 OTHER ASSETS: Deferred income taxes 14,412 13,243 Other 133,933 105,595 Total other assets 148,345 118,838 TOTAL ASSETS 6,628,560 4,187,149 CURRENT LIABILITIES: Accounts payable 1,001,589 889,908 Accrued expenses 415,501 364,342 Operating lease liabilities Income taxes payable 422,970 10,455 20,142 Deferred revenue and other liabilities 225,959 230,247 Total current liabilities 2,076,474 1,504,639 LONG-TERM LIABILITIES: Revolving credit borrowings 224,100 Long-term operating lease liabilities 2,453,346 Deferred income taxes 9,187 11,776 Other long-term liabilities 133,855 766,573 Total long-term liabilities 2,820,488 778,349 Commitments and contingencies STOCKHOLDERS' EQUITY: Preferred stock, par value $0.01 per share, authorized shares 5,000,000; none issued and outstanding Additional paid-in capital 1,253,867 1,214,287 Retained oarnings 2,645,281 2,455,192 Accumulated other comprehensive loss (120) (120) Treasury stock, at cost, 52,481,010 and 41,429,482 at February 1, 2020 and February 2, 2019, respectively (2,168,266) (1,766,136) Total stockholders' equity 1,731,598 1,904,161 TOTAL LIABILITIES AND 6,628,560 4,187,149 STOCKHOLDERS' EQUITY

Answer rating: 100% (QA)

a Component of equity analysis Component of equity includes Equity share capital Additional paid up ... View the full answer