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The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) 2024 2023 Sales $9,443 $10,534 Net income $246 $758
The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) 2024 2023 Sales $9,443 $10,534 Net income $246 $758 Stockholders' equity $1,850 $2,250 Average Shares outstanding (in millions) 645 0 Dividends per share $0.34 0 Stock price $9.40 0 Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings 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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