This question uses the same data as the previous question.

You are comparing Gap to a competitor which has a fiscal year ending $12/31/2016.$

As you calculate an EV $/$ LTM EBIT multiple for all the companies in the industry, what is the value of the denominator that you would use for Gap as you calendarize Gap$$s fiscal year to match its competitor?

Hint: Note GAP$$s $2016$ fiscal year ended on $1/28/2017.$

$1,191$

$1,216$

$1,274$

$1,499$

$1524$