Question
The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales Net income Stockholders' equity
The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price Required: 2021 $8,043 2020 $9,134 $ 140 $ 618 $1,750 725 $ 0.31 $ 8.90 $2,250 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).) FRIENDLY FASHIONS Choose Numerator. + Choose Denominator Return on equity + Dividend yield Earnings per share Return on equity = Dividend yield = Eamings per share Price-earnings ration Price-earnings ratio boyt
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