In mid-2012, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GP… 1 answer below »
In mid-2012, 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. a. What is the market-to-book ratio of each company? b. What conclusion do you draw from comparing the two ratios?
