The financial statements of Friendly Fashions include the following selected data (in millions) is in millions) 2023 Sales $10,234 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity NumeratoriDenominator 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 (.e. 5,500,000 should be entered as 5.5).) Dividend yield Numerston Denominator Earnings per share umerator Denominator Amounts Amounts Amounts 2024 $9,143 $210 $1,780 630 Amounts 50.31 16.10 $728 $2,220
The financial statements of Friendly Fashions include the following selected data (in millions) is in millions) 2023 Sales $10,234 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity NumeratoriDenominator 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 (.e. 5,500,000 should be entered as 5.5).) Dividend yield Numerston Denominator Earnings per share umerator Denominator Amounts Amounts Amounts 2024 $9,143 $210 $1,780 630 Amounts 50.31 16.10 $728 $2,220
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 88PSA: Ratio Analysis Consider the following information taken from the stockholders equity section: How do...
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