In April 2010, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS),
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In April 2010, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing retailers. Values (except price per share) are in millions of dollars.×
a. What is the market-to-book ratio of each company?
b. What conclusions do you draw from comparing the tworatios?
Transcribed Image Text:
ANF GPS Book Equity 1,788 4,769 Price Per Share 46.67 25.00 Number of Shares 88.17 667.42
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