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 $1$

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

The$$ market$-$to$-$book ratio for ANFANF is enter your response here. $($Round to two decimal$$ places.$)$

Part $2$

The$$ market$-$to$-$book ratio for GPSGPS is enter your response here. $($Round to two decimal$$ places.$)$

Part $3$

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

It implies that the market has a more favorably outlook on

$$

Abercrombie and Fitch

The Gap

than on

$$

Abercrombie and Fitch

The Gap

$.($Select from the$$ drop$-$down menus.$)$