Question
Q5. In early 2018, Abercrombie & Fitch (ANF) had a book equity of $1250 million, a price per share of $22.48 and 68.4 million shares
Q5. In early 2018, Abercrombie & Fitch (ANF) had a book equity of $1250 million, a price per share of $22.48 and 68.4 million shares outstanding. At the same time, The GAP had a book equity of $3140 million, a share price of $31.74 and 389 million shares outstanding. 7 marks a. What is the market-to-book ratio of each of these retailers? b. What conclusions can you draw by comparing the two ratios?
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
