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Exercise 10-18 (Static) Calculate and analyze ratios (LO10-8) The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions)

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Exercise 10-18 (Static) Calculate and analyze ratios (LO10-8) The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share 2024 $10,043 $312 2023 11,134 $818 $1,850 $2,310 675 0 $0.31 $6.20 Stock price Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal places. Enter your answer in millions (i.e. 5,500,000 should be entered as 5.5).) FRIENDLY FASHIONS Return on equity Numerator/Denominator Amounts Dividend yield Numerator/Denominator Amounts Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal places. Enter your answer in millions (i.e. 5,500,000 should be entered as 5.5).) FRIENDLY FASHIONS Return on equity Numerator/Denominator Amounts Dividend yield Numerator/Denominator Amounts Earnings per share Numerator/Denominator Price-earnings ratio Numerator/Denominator Amounts Amounts

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