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In early 2019, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing ret
Posted: Wed Jul 06, 2022 6:43 pm
by answerhappygod
- In Early 2019 The Following Information Was True About Abercrombie And Fitch Anf And The Gap Gps Both Clothing Ret 1 (15.86 KiB) Viewed 14 times
In early 2019, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing retailers. Values (except price per share) are in millions of dollars. ANF GPS Book Equity $1,220 $3,552 Price Per Share $26.23 $25.62 a. What is the market-to-book ratio of each
company? b. What conclusion do you draw from comparing the two ratios? a. What is the market-to-book ratio of each
company? The market-to-book ratio for ANF is Number of Shares 66.14 million 385.31 million (Round to two decimal places.) In