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in early 2016, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing retailers Values (except price per share)

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in early 2016, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing retailers Values (except price per share) are in millions of dollars Book Equity Price Per Share Number of Shares ANF $1.288 $24.19 6748 million GPS $2,542 $25.18 396.47 milion A. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios? . What is the market-to-book ratio of each company? The market to book ratio for ANF (Round to two decimal places) The market to book ratio for GPS (Round to two decimal places) b. What conclusion do you draw from companing the two ration? (Select from the drop-down menus) implies that the market has a more favorably outlook on than on Enter your nach

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