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SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $365,700 in 2023 and $339,200 in 2022. Equity
SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $365,700 in 2023 and $339,200 in 2022. Equity and Liabilities 2023 2022 Share capitalcommon (144,500 shares issued) $ 1,404,000 $ 1,404,000 Retained earnings (Note 1) 394,100 280,200 Accrued liabilities 10,200 6,300 Notes payable (current) 78,900 66,100 Accounts payable 58,900 186,000 Total equity and liabilities $ 1,946,100 $ 1,942,600 Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023. Required: 1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,484,000 at December 31, 2021.) (Round your answers to 1 decimal place.) 2. Calculate the book value per shares for 2022 and 2023. (Round your answers to 2 decimal places.)
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