alculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratic laces. 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 Return on equity Dividend yield Dividend yield Earnings per share Earnings per share Price-earnings ratio

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter17: Financial Statement Analysis
Section17.4: Analyzing Financial Statements Using Financial Ratios
Problem 1WT
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The financial statements of Friendly Fashions include the following selected data (in millions):
($ in millions except share data)
Sales
2021
$9,243
$ 220
$1,770
2020
$10,334
Net income
Stockholders' equity
Average Shares outstanding (in millions)
Dividends per share
Stock price
738
$ 2,230
635
$ 0.32
$ 6.70
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).)
FRIENDLY FASHIONS
Choose Numerator
Choose Denominator
Return on equity
Return on equity
Dividend yield
Dividend yield
Earnings per share
Earnings per share
%3D
Price-earnings ratio
Price-earnings ratio
Transcribed Image Text:The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) Sales 2021 $9,243 $ 220 $1,770 2020 $10,334 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 738 $ 2,230 635 $ 0.32 $ 6.70 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).) FRIENDLY FASHIONS Choose Numerator Choose Denominator Return on equity Return on equity Dividend yield Dividend yield Earnings per share Earnings per share %3D Price-earnings ratio Price-earnings ratio
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