Kristi's Kites provided the following information from its financial statements: Required: Calculate the earnings per share and

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Kristi's Kites provided the following information from its financial statements:

Required:
Calculate the earnings per share and return on equity for Kristi's Kites. Round percentages to one decimal point (i.e., 9.4%). How are the two profitability ratios different?

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Question Posted: Jul 16, 2015 04:54 AM

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Kristi's Kites provided the following information from its financial statements: Required: Calculate the earnings per share and

Question:

Net income Average number of common shares outstanding Average stockholders equity S164,500 235,000 $576,000

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Earnings per share Net income Avg of common shares ...View the full answer

Financial ACCT2

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