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).) FRIENDLY FASHIONS Return on equity Numerator/Denominator Amounts Dividend yield Numerator/Denominator Amounts Earnings per share Numerator/Denominator Amounts Price-earnings ratio Numerator/Denominator Amounts
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The financial statements of Friendly Fashions include the following selected data (in millions):
($ in millions) | 2024 | 2023 |
---|---|---|
Sales | $8,343 | $9,434 |
Net income | $170 | $648 |
$1,780 | $2,220 | |
Average Shares outstanding (in millions) | 710 | 0 |
Dividends per share | $0.28 | 0 |
Stock price | $8.00 | 0 |
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).)
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