In early 2019, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS),
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In early 2019, 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 two ratios?
Transcribed Image Text:
ANF GPS Book Equity 1,219 3,553 Price per Share 26.50 26.00 Number of Shares (millions) 65.85 381.43
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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