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Academy Driving School reported the following amounts in its financial statements: Number of common shares 13,200 13,200 Net income $ 48,840 $ 43,840 Cash dividends

Academy Driving School reported the following amounts in its financial statements:

Number of common shares 13,200 13,200

Net income $ 48,840 $ 43,840

Cash dividends paid on common stock $ 2,300 $ 2,300

Total stockholders' equity $ 410,000 $ 390,000

Calculate EPS and ROE for Year 2. (Round EPS to 2 decimal places and ROE to 1 decimal place.)

  1. EPS?
  2. ROE? %

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