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The financial statement for urban outfitter for the fiscal year ending on Jan 20

ID: 2655119 • Letter: T

Question

The financial statement for urban outfitter for the fiscal year ending on Jan 2012 can be found on google. One of the answers has already been provided.

CP13-2 Analyzing Financial Statements LO13-4, 13-5, 13-6, 13-7 Refer to the financial statements of Urban Outfitters given in Appendix C at the end of this book. Compute the following ratios for the most recent reporting year for which you have available information:   Return on equity: = Earnings per share: As reported: Profit margin: = Current ratio: =     Inventory turnover: =     Debt/Equity: =     Price/earnings: (Assume the stock price is $35.) =                          29.2 Dividend yield:

Explanation / Answer

Answer:

Return on Equity =$185251/$1238908 =15.0%

Earning per share = As reported $1.20

Profit margin =$185251/$2473801 =7.5%

Current ratio =$596992/$233466 =2.6 times

Inventory turnover =$1613265/$239817=6.7 times

Debt/Equity =$417440/$1066268 =0.39 times

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