K In early 2022, the following information,, was true about Abercrombie and Fitch (ANF) and The...

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K In early 2022, 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. a. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios? Data table (Click on the following icon in order to copy its contents into a spreadsheet.) ANF GPS Book Equity $825 $2,724 Price per Share $39.04 $18.04 Number of Shares 47.99 million 366.79 million Print Done - K In early 2022, 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. a. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios? Data table (Click on the following icon in order to copy its contents into a spreadsheet.) ANF GPS Book Equity $825 $2,724 Price per Share $39.04 $18.04 Number of Shares 47.99 million 366.79 million Print Done -