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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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