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In early 2022, the following information, ,was true about Abercrombie and Fitch(ANF) and The Gap(GPS), both clothing retailens. Vatues (except price per share) are in

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In early 2022, the following information, ,was true about Abercrombie and Fitch(ANF) and The Gap(GPS), both clothing retailens. Vatues (except price per share) are in millions of dolors. a. What is the markat-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.) The markat-to-book ratio for GPS is (Round to two decimal piaces.) b. What conclusion do you draw from comparing the two ratios? It imples that the market has a more favorably oullook on than on (Salect from the drop-down menus.)

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