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Le my work Buy Now and Gerald's Ez Furniture are two publicly traded rental companies. They reported the following in their financial statements (in millions

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Le my work Buy Now and Gerald's Ez Furniture are two publicly traded rental companies. They reported the following in their financial statements (in millions of dollars, except per share amounts and stock prices): Net Income Total stockholders' equity Earnings per share Stock price when annual results reported Buy Now 2016 20 $ 111 $ 163 1,101 1,176 1.49 2.18 Gerald Furniture 2016 2015 $118 $ 172 1.360 1.32 2.24 2.98 23.32 28.62 26.22 34.43 Required: 1-a. Compute the 2016 ROE for each company. Express ROE as a percentage. TIP: Remember that the bottom of the ROE ratio uses the average stockholders' equity. 1-b. Which company appears to generate greater returns on stockholders' equity in 2016? 2-a. Compute the 2016 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Reg 28 Compute the 2016 ROE for each company. Express ROE as a percentage. TIP: Remember that the bottom of the ROE ratio uses the average stockholders' equity. (Do not round your intermediate calculations. Round your answers to 1 decimal place) Me Graw HIN > o

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