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Exercise 10-15A Calculate and analyze ratios (LO10-8) The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except
Exercise 10-15A Calculate and analyze ratios (LO10-8) The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 2021 $9,543 $ 250 $1,740 650 $ 0.35 $ 6.20 2020 $10,634 $ 768 $ 2,260 Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 deci places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Choose Numerator FRIENDLY FASHIONS Choose Denominator + + Return on equity Return on equity Dividend yield Earnings per share Price-earnings ratio Dividend yield = Earnings per share = Price-earnings ratio =
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