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The financial statements of Friendly Fashions include the following selected data (in millions): 2021 ($ in millions except share data) Sales Net income Stockholders' equity
The financial statements of Friendly Fashions include the following selected data (in millions): 2021 ($ in millions except share data) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 2020 $10, 434 $ 748 $ 2, 240 $9, 343 $ 230 $1,760 640 $ 0.33 $ 8.10 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 Net income Return on equity $ 230 0 Dividend yield Dividend yield = 0 Earnings per share Earnings per share = 0 Price-earnings ratio Price-earnings ratio 0
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