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. ANF GPS Book Equity $1,287 $2,545 Price Per Share $15.46 $24.41 Number of Shares 68.08 million 393.56 million a. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios