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14 , 2017 018 Common stock, $1 par, 60,000 shares outstanding Additional Paid-In Capital Retained Earnings s 60,000 60,000 36,000 36,000 24,000 24,000 $120,000 $120,000

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14 , 2017 018 Common stock, $1 par, 60,000 shares outstanding Additional Paid-In Capital Retained Earnings s 60,000 60,000 36,000 36,000 24,000 24,000 $120,000 $120,000 10 points Total Stockholders rquity Durtng the quarter ended March 31, SPI reported Net Income of $3,000and decared and paid cash dividends totaling $3,000. eBook Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31 2. Assume SPI repurchases 11,000 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter Hint ended June 30, 2018, SPI reported Net Income of $3.000 and declared and paid cash dividends totaling $3,000. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. Print Complete this question by entering your answers in the tabs below. References Required1Required 2 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. (Round "Earnings per Share" to 2 decimal places and Return on Equity" to 1 decimal place.) Earnings per Share Return on Equity 14 31, 2017 2018 Common Stock, $1 par, 60,000shares outstanding60,000 60,000 36,000 36,000 24,000 24,000 120,000 $120,000 Additional Paid-In Capital Retained Earnings nts Total Stockholders' Equity During the quarter ended March 31, SPI reported Net Income of $3,000 and declared and paid cash dividends totaling $3.000 eBook Required: 1 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31 2. Assume SPI repurchases 11,000 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter Hint ended June 30, 2018, SPI reported Net Income of $3,000 and declared and paid cash dvidends totaling $3,000. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. Print Complete this question by entering your answers in the tabs below ferences Required 1Require 2 Assume SPI repurchases 11,000 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $3,000 and declared and paid cash dividends totaling $3,000 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. (Round "Earnings per Share" to 3 decimal places and "Return on Equity" to 1 decimal place) Show less Earnings per Share Return on Equity

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