Question: I need help with this question asap, can u please help me in solving this question. In earty 2016, the following information was true about

I need help with this question asap, can u please help

I need help with this question asap, can u please help me in solving this question.

In earty 2016, 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. ANF GPS Book Equity $1,288 $2,542 Price Per Share $19.26 $24.25 Number of Shares 69.45 million 401.18 million a. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios? a. What is the market-to-book ratio of each company? The market-to-book ratio for ANF is (Round to two decimal places.)

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