b$.$ What conclusions do you draw from comparing the two$$ ratios?

In a relative$$ sense, the outlook of

Abercrombie & FitchAbercrombie$$&$$Fitch

$$

$$

favorably than

The GapThe$$Gap$.$

For every dollar of equity invested in

ANFANF

the market values that dollar today at

$ $2\mathrm{.}38$$$2\mathrm{.}38$

vs$.$

$ $2\mathrm{.}42$$$2\mathrm{.}42$

for a dollar invested in the

GPSGPS$.$

Equity investors are willing to pay relatively

$$

$$

less

more

today for shares of

ANFANF

than for

GPSGPS

because they expect

$$

$$

GPS

ANF

to produce superior performance in the future.$($Select from the$$ drop$-$down menus.$)$