Current Attempt in Progress Suppose the following data were taken from the 2022 and 2021 financial...

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Current Attempt in Progress Suppose the following data were taken from the 2022 and 2021 financial statements of American Eag

(b) Calculate earnings per share for each year. (Round answers to 2 decimal places, s. 15.25.) 2022 2021 Earnings per share $

business accounting

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Answer 1

Answer #1

a) Current ratio

	2022	2021
Current ratio	963700/419000 = 2.30	931250/372500 = 2.50

b) Earning per share

	2022	2021
Earning per share	190820/203000 = 0.94	420792/213600 = 1.97

c) Debt to asset ratio

	2022	2021
Debt to asset ratio	564956/2017700 = 28%	490070/1750250 = 28%

d) Free cash flow

	2022	2021
Free Cash flow	299000-255000-88000 = -44000	487300-279200-120200 = 87900

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Answer 2

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