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Swimtech Pools Inc. (SPI) reported the following in its financial statements for the quarter ended March 31, 2018. December March 31, 31, 2017 2018 Common

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Swimtech Pools Inc. (SPI) reported the following in its financial statements for the quarter ended March 31, 2018. December March 31, 31, 2017 2018 Common Stock, $1 par, 53,000 shares outstanding $ 53,000 $ 53,000 Additional Paid-In Capital 31, 800 31,800 Retained Earnings 21,200 21,200 Total Stockholders Equity $106,090 $106,000 During the quarter ended March 31, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31, 2. Assume SPI repurchases 10,300 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. (Round "Earnings per Share" to 2 decimal places and "Return on Equity" to 1 decimal place.} Earnings per Share Return on Equity Required 1 Required 2 > Assume SPI repurchases 10,300 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. (Round "Earnings per Share" to 3 decimal places and "Return on Equity" to 1 decimal place.) Show less A Eamings per Share Return on Equity

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