In early

$20222022,$

the following$$ information,

LOADING...

$,$

was true about

Abercrombie and FitchAbercrombie$$and$$Fitch

$($ANFANF$)$

and

The GapThe$$Gap

$($GPSGPS$),$

both clothing retailers. Values$($except price per$$ share$)$ are in millions of dollars.

a$.$ What is the$$ market$-$to$-$book ratio of each$$ company?

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

Question content area bottom

Part $1$