What conclusion do you draw from comparing the two ratios

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Reference no: EM131818348

In early 2016, 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. Book Equity Price Per Share Number of Shares ANF $1 comma 291 $26.35 67.59 million GPS $2 comma 545 $24.74 397.14 million

a. What is the market-to-book ratio of each company?

b. What conclusion do you draw from comparing the two ratios?

Reference no: EM131818348

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