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Help needed to solve Academy Driving School reported the following amounts in its financial statements Number of common shares Net income Year 1Year 2 13,000
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Academy Driving School reported the following amounts in its financial statements Number of common shares Net income Year 1Year 2 13,000 13,000 $ 45,500 40,500 ash dividends paid on common 2,500$ stock Total stockholders' equity $390,000 $370,000 Calculate EPS and ROE for Year 2. (Round EPS to 2 decimal places and ROE to 1 decimal place.) Year 2 EPS ROE Step by Step Solution
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