The financial statements of Friendly Fashions include the following selected data (in millions): (5 in millions) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Dividend yield Numerator/Denominator Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings per share Numerator/Denominator Price-earnings ratio Amounts Amounts 2024 $8,243 Amounts $154 $1,620 715 $0.29 $8.20 2023 $9,334 $638 $2,230 0 0 0
The financial statements of Friendly Fashions include the following selected data (in millions): (5 in millions) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Dividend yield Numerator/Denominator Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings per share Numerator/Denominator Price-earnings ratio Amounts Amounts 2024 $8,243 Amounts $154 $1,620 715 $0.29 $8.20 2023 $9,334 $638 $2,230 0 0 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Vishnu
Transcribed Image Text:The financial statements of Friendly Fashions include the following selected data (in millions):
(5 in millions)
Sales
Net income
Stockholders' equity
Average Shares outstanding (in millions)
Dividends per share
Stock price
FRIENDLY FASHIONS
Return on equity
Numerator/Denominator
Dividend yield
Numerator/Denominator
Required:
Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal
places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Earnings per share
Numerator/Denominator
Price-earnings ratio
Amounts
Amounts
2024
$8,243
Amounts
$154
$1,620
715
$0.29
$8.20
2023
$9,334
$638
$2,230
0
0
0
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