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
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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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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
Numerator/Denominator
Div and yield
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).)
Numerator/Denominator
Earnings per share
Numerator Denominator
Price-amings ratio
NumeratoriDenominator
Amounts
Amounts
Amounts
2024
$9,143
$210
$1,780
Amounts
630
$0.31
$6.10
$728
$2,220
0
0
0
Transcribed Image Text: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 Numerator/Denominator Div and yield 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).) Numerator/Denominator Earnings per share Numerator Denominator Price-amings ratio NumeratoriDenominator Amounts Amounts Amounts 2024 $9,143 $210 $1,780 Amounts 630 $0.31 $6.10 $728 $2,220 0 0 0
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