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alculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratic laces. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) FRIENDLY FASHIONS Choose Numerator Choose Denominator Return on equity Return on equity Dividend yield Dividend yield Earnings per share Earnings per share Price-earnings ratio

alculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratic laces. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) FRIENDLY FASHIONS Choose Numerator Choose Denominator Return on equity Return on equity Dividend yield Dividend yield Earnings per share Earnings per share Price-earnings ratio

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales 2021 $9,243 $ 220 $1,770 2020 $10,334 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 738 $ 2,230 635 $ 0.32 $ 6.70 Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) FRIENDLY FASHIONS Choose Numerator Choose Denominator Return on equity Return on equity Dividend yield Dividend yield Earnings per share Earnings per share %3D Price-earnings ratio Price-earnings ratio
Transcribed Image Text:The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales 2021 $9,243 $ 220 $1,770 2020 $10,334 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 738 $ 2,230 635 $ 0.32 $ 6.70 Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) FRIENDLY FASHIONS Choose Numerator Choose Denominator Return on equity Return on equity Dividend yield Dividend yield Earnings per share Earnings per share %3D Price-earnings ratio Price-earnings ratio
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