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In early 2019, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing retailers. Values (except price per

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In early 2019, 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 $1,219 $3,553 Price Per Share $26.50 $26.00 Number of Shares 65.85 million 381.43 million a. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios? a. What is the market-to-book ratio of each company? ... The market-to-book ratio for ANF is (Round to two decimal places.)

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