Please make the response detailed and easy to read, thank you Computing Ratios...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Please make the response detailed and easy to read, thank you
Computing Ratios The following information was obtained from recent annual reports on Form 10-K for American Eagle Outfitters, Inc. $ thousands Deferred tax liabilities Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 $71,468 $67,332 $36,289 578,091 560,870 557,162 1,204,569 1,051,376 1,139,746 Total liabilities Total stockholders' equity Compute the debt-to-equity ratio (a) including deferred tax liabilities as part of total liabilities, and (b) excluding deferred tax liabilities as part of total liabilities. Note: Enter the answer rounded to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Jan. 28, 2017 Jan. 30, 2016 Jan. 31, 2015 Debt-to-equity ratio a. Include deferred tax liabilities 0.46 X 0.55 X 0.49 b. Exclude deferred tax liabilities 0.4 x 0.49 x 0.46
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
