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M11-13 Calculating and Interpreting Earnings per Share (EPS) and Return on Equity (ROE) [LO 11-5 Academy Driving School reported the following amounts in its financial

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M11-13 Calculating and Interpreting Earnings per Share (EPS) and Return on Equity (ROE) [LO 11-5 Academy Driving School reported the following amounts in its financial statements: ar 12,000 30,000 $ 25,000 3,5003,500 $290,000270,000 12,000 Number of common shares Net income Cash dividends paid on common stock Total stockholders' equity Calculate EPs and ROE for year 2. (Round EPS to 2 decimal places and ROE to 1 decimal pla ar EPS ROE

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