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The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data)20212020Sales$8,643$9,734Net income$215$678Stockholders' equity$1,950$2,350Average Shares outstanding (in millions)695-Dividends
The financial statements of Friendly Fashions include the following selected data (in millions):
($ in millions except share data)20212020Sales$8,643$9,734Net income$215$678Stockholders' equity$1,950$2,350Average Shares outstanding (in millions)695-Dividends per share$0.43-Stock price$9.40-
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).)
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