Question: I need the solutions to this problem. The financial statements of Friendly Fashions include the following selected data (in millions) (5 in millions except share



The financial statements of Friendly Fashions include the following selected data (in millions) (5 in millions except share data) Sales Net income Stockholders' equity Average Shares outstanding in millions) Dividends per share Stock price 2021 $8,543 $ 190 $1,800 700 $ 0.44 $ 7.90 2020 $9,634 $ 668 $2,200 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 (l.e. 5,500,000 should be entered as 5.5).) Choose Numerator FRIENDLY FASHIONS Choose Denominator Return on equity Return on equity Dividend yield Dividend yield Il Earnings per share Earnings per share + 11 Price-earnings ratio Price-earings ratio =
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
