Calculate and analyze ratios (LOlO-8) The financial statements of Friendly Fashions include the following selected data: required Calculate the return on equity in 2015. Compare it with the amount calculated for Deckers Outdoor and Wolverine in the chapter. Calculate the return on the market value of equity in 2015. Compare it with the amount calculated for Deckers Outdoor and Wolverine in the chapter Calculate earnings per share in 2010. Why is it not reasonable to compare it with the earnings per share for Deckers Outdoor and Wolverine? 3. Calculate the pnee-eamings ratio in 2010. Compare it with the amount calculated for Deckers Outdoor and Wolverine in the chapter. Calculate and analyze ratios (LOIO-8) Financial information for Forever 18 includes the following selected data (in millions): Calculating earnig per share in 2014 and 2015. Did earning per share increase in 2015? Calculate the price- earning ratio in 2014 and 2015. In which year is the stock priced lo
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