Question

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


Required:
1. Calculate the return on equity in 2015. Compare it with the amount calculated for Deckers Outdoor and Wolverine in the chapter.
2. Calculate the return on the market value of equity in 2015. Compare it with the amount calculated for Deckers Outdoor and Wolverine in the chapter.
3. Calculate earnings per share in 2015. Why is it not reasonable to compare it with the earnings per share for Deckers Outdoor and Wolverine?
4. Calculate the price-earnings ratio in 2015. Compare it with the amount calculated for Deckers Outdoor and Wolverine in thechapter.


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  • CreatedJuly 15, 2014
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