Marco's Rentals and John's Rentals. 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):

Marco's Rentals

John's Rentals

2013

2012

2013

2012

Net income

$

123

$

175

$

130

$

184

Total stockholders' equity

1,137

1,140

1,348

1,254

Earnings per share

1.61

2.30

2.36

3.10

Stock price when annual results reported

29.32

29.87

32.22

35.63

1.

Compute the 2013 ROE for each company. Express ROE as a percentage. (Do not round your intermediate calculations. Round your answers to 1 decimal place.)
	TIP: Remember that the bottom of the ROE ratio uses the average stockholders equity.

2. Compute the 2013 P/E ratio for each company