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Academy Driving School reported the following amounts in its financial statements Year 2 Year 1 12,800 Number of common shares Net income Cash dividends paid

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Academy Driving School reported the following amounts in its financial statements Year 2 Year 1 12,800 Number of common shares Net income Cash dividends paid on common stock Total stockholders' equity 12,800 42,240 $37,240 2,700 $2,700 $370,000 350,000 Calculate EPS and ROE for year 2. (Round EPS to 2 decimal places and ROE to 1 decimal pla Year 2 EPS ROE References eBook&Resources Worksheet Difficulty: 1 Easy Learning Objective

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