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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 2021 $8,543 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price $ 190 $1,800 700 $ 0.44 $ 7.90 2020 $9,634 $ 668 $2,200 Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal 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 Dividend yield Earnings per share Price-earnings ratio Return on equity = Dividend yield = Earnings per share Price-earnings ratio =
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