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MBA unit1 CP2-2 -- CP2-2 Finding Financial Information LO2-1, 2-2, 2-5, 2-6

MBA unit1 CP2-2  Finding Financial Information LO2-1, 2-2, 2-5, 2-6

CP2-2 Finding Financial Information LO2-1, 2-2, 2-5, 2-6

Refer to the financial statements of Urban Outfitters in Appendix C at the end of this book.

Required:
1. Use the company's balance sheet to determine the amounts in the accounting equation (A = L + SE) as of January 31, 2012.
        Assets
=
Liabilities
+
Shareholders’ Equity
 
=
 
+
 

2. If the company were liquidated at the end of the current year (January 31, 2012), are the shareholders guaranteed to receive $1,066,268,000?
 

Why or why not?

3. What are the company's noncurrent liabilities?

4. What is the company's current ratio?
Current                 =
 
=
 
=
                            2.56
Ratio
 
 

5. Did the company have a cash inflow or outflow from investing activities?
 

Of how much?
 

 
TUTORIAL PREVIEW
        Assets
=
Liabilities
+
Shareholders’ Equity
 $     1,483,708,000
=
 $         417,440,000
+
 $     1,066,268,000

 
File name: mba6014 unit1 cp2-2.xls  File type: .xls PRICE: $8