Calculate the return on equity for abercrombie in 2012

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Reference no: EM13524803

Abercrombie, like Deckers Outdoor and Wolverine, operates in the apparel industry. Selected financial data for Abercrombie is provided as follows:

($ in millions) 2012 2011
Sales $ 4,140
Net income 260

Total assets $ 2,976 $ 3,381

Total liabilities $ 1,246 $ 1,111
Stockholders' equity 1,730 2,270

Total liabilities and stockholders' equity $ 2,976 $ 3,381

Shares outstanding (in millions) 84.6
Stock price $ 36

1. Calculate the return on equity for Abercrombie in 2012. (Enter your answers in millions, not in dollars. Round your answers to 1 decimal place.)
Problem 10-7A Part 2
2. Calculate the return on the market value of equity for Abercrombie in 2012. (Enter your answers in millions, not in dollars. Round your answers to 1 decimal place.)

Problem 10-7A Part 4
4. Calculate the price-earnings ratio for Abercrombie in 2012. (Enter your answers in millions, not in dollars. Round your answers to 2 decimal places.)

Reference no: EM13524803

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