Abercrombie & Fitch has more than 1,125 stores in the United States

Abercrombie & Fitch has more than 1,125 stores in the United States

Question

Abercrombie & Fitch has more than 1,125 stores in the United States, Canada and the U.K. The company was established in 1892 and is well known as a supplier rugged, high-quality outdoor gear. Excerpts from the company’s annual report for the fiscal year ended January 31, 2009. Are in exhibit 9 (see attached). Abercrombie and Fitch paid cash dividends of $.70 per common share in fiscal 2009, and an average of 86.816 million shares were outstanding during the year. Assume that Abercrombie & Fitch has no stock options or convertible securities. The company’s market price on January 31, 2009, was $17.85 per share.

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Compute the following financial ratios for fiscal year 2009.

1. Current ratio

2. Total debt equity

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3. Gross profit rate

4. Return on sales

5. Return on stockholder’s equity

6. Earnings per share

7. Price earnings

8. Dividend yield

9. Dividend payout