Question & Answer: e the following data were taken from the 2014 and 2013 financial statements of Am…..

Exercise 2-11

Suppose the following data were taken from the 2014 and 2013 financial statements of American Eagle Outfitters. (All dollars are in thousands.)

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	2014	2013
Current assets	$ 934,818	$1,032,982
Total assets	1,971,104	1,871,926
Current liabilities	432,786	363,726
Total liabilities	584,468	518,414
Net income	182,027	436,182
Net cash provided by operating activities	288,904	458,710
Capital expenditures	262,236	249,210
Dividends paid on common stock	70,552	66,420

Weighted-average shares outstanding	207,517	218,707


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Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.)

		2014			2013
Current ratio			: 1			: 1

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Calculate earnings per share for each year. (Round answers to 2 decimal places, e.g. 15.25.)

		2014			2013
Earnings per share		$			$

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Calculate the debt to assets ratio for each year. (Round Debt to assets Ratio to 2 decimal places, e.g. 29.52%.)

		2014			2013
Debt to assets ratio			%			%

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Calculate the free cash flow for each year. (If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)

		2014		2013
Free cash flow		$		$

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Question & Answer: e the following data were taken from the 2014 and 2013 financial statements of Am..... 17

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