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The financial statements of Friendly Fashions include the following selected data (in millions):
($ in millions) | 2018 | 2017 |
Sales | $ | 10,043 | $ | 11,134 |
Net income | $ | 312 | $ | 818 |
Stockholders' equity | $ | 1,850 | $ | 2,310 |
Average Shares outstanding (in millions) | | 675 | | - |
Dividends per share | $ | 0.31 | | |
Stock price | $ | 6.20 | | - |
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Required: Calculate the following ratios for Friendly Fashions in 2018
Return on equity, Dividend yield,earnings per share,Price earnings ratio
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