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
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ces
The financial statements of Friendly Fashions include the following selected data (in millions):
($ in millions)
Sales
Net income
Stockholders' equity
Average Shares outstanding (in millions)
Dividends per share
Stock price
FRIENDLY FASHIONS
Return on equity
Numerator/Denominator
Dividend yield
Numerator/Denominator
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).)
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
2023
$10,034
$708
$2,320
0
0
0
Transcribed Image Text:ces The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Dividend yield Numerator/Denominator 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).) 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 2023 $10,034 $708 $2,320 0 0 0
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