The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $9,843 $ 280 $1,710 $10,934 Net income $ 798 $ 2,290 Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 665 $ 0.38 $ 8.50 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 %3D Earnings per share Earnings per share Price-earnings ratio Price-earnings ratio %3D

The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $9,843 $ 280 $1,710 $10,934 Net income $ 798 $ 2,290 Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price 665 $ 0.38 $ 8.50 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 %3D Earnings per share Earnings per share Price-earnings ratio Price-earnings ratio %3D

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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