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The financial statements of Friendly Fashions include the following selected data (in millions): Net income ($ in millions except share data) Sales 2021 $9,243
The financial statements of Friendly Fashions include the following selected data (in millions): Net income ($ in millions except share data) Sales 2021 $9,243 2020 $10,334 $ 220 $1,770 $ 738 $ 2,230 Average Shares outstanding (in millions) Dividends per share 635 $ 0.32 $ 6.70 Stockholders' equity Stock price Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Choose Numerator + FRIENDLY FASHIONS Choose Denominator Return on equity Dividend yield Return on equity = Dividend yield Earnings per share Earnings per share Price-earnings ratio Price-earnings ratio
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