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Common Stock, $1 par, 53,000 shares issued and outstanding Additional Paid-In Capital Retained Earnings Total Stockholders' Equity December 31, 2020 $ 53,000 31,800 21,200
Common Stock, $1 par, 53,000 shares issued and outstanding Additional Paid-In Capital Retained Earnings Total Stockholders' Equity December 31, 2020 $ 53,000 31,800 21,200 March 31, 2021 $ 53,000 31,800 21,200 $ 106,000 $ 106,000 During the quarter ended March 31, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. 2. Assume SPI repurchases 10,300 of its common stock at a price of $2 per share on April 1, 2021. Also assume that during the q ended June 30, 2021, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890. Calculate ea per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume SPI repurchases 10,300 of its common stock at a price of $2 per share on April 1, 2021. Also assume that during the quarter ended June 30, 2021, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890." Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2021. (Round "Earnings per Share to 3 decimal places and "Return on Equity" to 1 decimal place.) Earnings per Share Return on Equity % Show less A
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