ces The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) 2023 Sales $10,034 Net income $708 Stockholders' equity $2,320 Average Shares outstanding (in millions). Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Dividend yield Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 d places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Numerator/Denominator Earnings per share Numerator/Denominator Price-earnings ratio Numerator/Denominator Amounts Amounts Amounts 2024 $8,943 $310 $1,680 Amounts 680 $0.40 $7.00 0 0 0

ces The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) 2023 Sales $10,034 Net income $708 Stockholders' equity $2,320 Average Shares outstanding (in millions). Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Dividend yield Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 d places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Numerator/Denominator Earnings per share Numerator/Denominator Price-earnings ratio Numerator/Denominator Amounts Amounts Amounts 2024 $8,943 $310 $1,680 Amounts 680 $0.40 $7.00 0 0 0

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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