In early 2022, Abercrombie & Fitch (ANF) had a book equity of $830 million, a price per share of $38.95, and 50.7 million shares outstanding. At the same time, The Gap (GPS) had a book equity of 2,717 million, a share price of 17.58, and 359 million shares outstanding. a. What is the market-to-book ratio of each of these clothing retailers? b. What conclusions do you draw from comparing the two ratios? a. What is the market-to-book ratio of each of these clothing retailers? ANF's market-to-book ratio is (Round to two decimal places.)