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How do I calculate EPS and ROE ? Academy Driving School reported the following amounts In Its financial statements: Number of common shares outstanding Net
How do I calculate EPS and ROE?
Academy Driving School reported the following amounts In Its financial statements: Number of common shares outstanding Net income Cash dividends paid on common stock Total stockholders' equity Year 1 11,500 $ 18,000 $ 3,000 $220,000 Year 2 11,500 $ 23,000 $ 3,000 $240,000 Calculate EPS and ROE for Year 2. Year 2 EPS ROE :%Step by Step Solution
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