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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): (s 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): (s in millions except share data) Sales Net income 2021 $10,043 $ 312 2020 $11, 134 $ 818 Stockholders' equity $ 1,850 $ 2,310 Average Shares outstanding (in millions) Dividends per share 675 $ 0.31 $ 6.20 Stock price Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to two decimal places. Enter your answer 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 Eamings per share Price-eamings ratio
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