Question: Trading comps - Please Use Gap's 2 0 1 6 1 0 - K to answer the following questions, and choose an answer choice from

Trading comps - Please Use Gap's 201610-K to answer the following questions, and choose an answer choice from the options for each questions.
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 Gaps fiscal year to match its competitor?
Hint: Note GAPs 2016 fiscal year ended on 1/28/2017.

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