The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions...

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The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales 2021 $9,143 $ 210 $1,780 630 2020 $10,234 $ 728 $ 2,220 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share $ 0.31 Stock price $ 6.10 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 Price-earnings ratio Price-earnings ratio = = = The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales 2021 $9,143 $ 210 $1,780 630 2020 $10,234 $ 728 $ 2,220 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share $ 0.31 Stock price $ 6.10 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 Price-earnings ratio Price-earnings ratio = = =

Answer rating: 100% (QA)

Solution In millions Return on equity Net Income Average stockholders equi... View the full answer