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The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $ 9,943 $
The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $ 9,943 $ 11,034 Net income $ 290 $ 808 Stockholders' equity $ 1,700 $ 2,300 Average Shares outstanding (in millions) 670 - Dividends per share $ 0.39 - Stock price $ 7.10 - 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 millio
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