Gap Inc is a leading global specialty apparel company with
Gap, Inc. is a leading global specialty apparel company with 3,263 Company-operated and franchise store locations in 2012. The company was established in 1969 and has several well-known brand names such as Gap, Banana Republic, and Old Navy. Excerpts from the company’s annual report for the fiscal year ended January 28, 2012, are in Exhibit 17-9 . Gap paid cash dividends of $ .45 per common share in fiscal 2012, and an average of 529 million shares were outstanding during the year.
Assume that Gap has no stock options or convertible securities. The company’s market price on January 28, 2012, was $18.93 per share. Compute the following financial ratios for fiscal 2012:
1. Current ratio
2. Total debt to equity
3. Gross profit rate
4. Return on sales
5. Return on stockholders’ equity
6. Earnings per share
7. Price earnings
8. Dividend yield
9. Dividendpayout
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