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10. value: 0.75 points Marco's Rentals and John's Rentals. are two publicly traded rental companies. They reported the following in their financial statements (in millions
10. value: 0.75 points Marco's Rentals and John's Rentals. are two publicly traded rental companies. They reported the following in their financial statements (in millions of dollars, except per share amounts and stock prices) Marco's Rentals John's Rentals 2013 $ 129 $ 181 1,125 1.67 32.32 2012 2013 $ 136 1,330 2.42 2012 $ 190 1,230 3.16 36.23 Net income Total stockholders' equity Earnings per share Stock price when annual results reported 1,152 2.36 30.47 35.22 Required: 1-a. Compute the 2013 ROE for each company. Express ROE as a percentage. (Do not round your intermediate calculations. Round your answers to 1 decimal place.) TIP: Remember that the bottom of the ROE ratio uses the average stockholders' equity. ROE Marco's Rentals John's Rentals % 1-b. Which company appears to generate greater returns on stockholders' equity in 2013? Marco's Rentals John's Rentals 2-a. Compute the 2013 P/E ratio for each company. (Round your answers to 1 decimal place.) P/E Marco's times Rentals John's Rentals times
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