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Net income Total stockholders' equity 2021 Luna 2020 $ 4,345 $ 3,647 14,387 14,610 4.62 58.85 Here 2021 2020 $ 2,885 $ 3,558 10,273
Net income Total stockholders' equity 2021 Luna 2020 $ 4,345 $ 3,647 14,387 14,610 4.62 58.85 Here 2021 2020 $ 2,885 $ 3,558 10,273 10,850 4.42 60.73 5.92 57.69 Earnings per share Stock price when annual results reported 5.79 56.05 Required: 1-a. Compute the 2021 ROE for each company. Express ROE as a percentage. TIP: Remember the bottom of the ROE ratio uses the average stockholders' equity. l-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 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. Req 1A Req 1B Req 2A Req 2B Compute the 2021 ROE for each company. Express ROE as a percentage. TIP: Remember the bottom of the ROE ratio uses the average stockholders' equity. (Do not round your intermediate calculations. Round your answers to 1 decimal place.) Luna Incorporated Here to There Industries ROE %
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