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Swimtech Pools Incorporated (SPI) reported the following in its financial statements for the quarter ended March 31,2021. During the quarter ended March 31, SPI reported
Swimtech Pools Incorporated (SPI) reported the following in its financial statements for the quarter ended March 31,2021. During the quarter ended March 31, SPI reported Net Income of $8,250 and declared and paid cash dividends totaling $8,250. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. 2. Assume SPI repurchases 10,500 of its common stock at a price of $2 per share on April 1, 2021. Also assume that during the qua ended June 30, 2021, SPI reported Net Income of $8,250 and declared and paid cash dividends totaling $8,250. Calculate earni per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2021. Complete this question by entering your answers in the tabs below. 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.) Swimtech Pools Incorporated (SPI) reported the following in its financial statements for the quarter ended March 31,2021. During the quarter ended March 31 , SPI reported Net Income of $8,250 and declared and paid cash dividends totaling $8,250. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. 2. Assume SPI repurchases 10,500 of its common stock at a price of $2 per share on April 1, 2021. Also assume that during the que ended June 30, 2021, SPI reported Net Income of $8,250 and declared and paid cash dividends totaling $8,250. Calculate earr per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2021. Complete this question by entering your answers in the tabs below. Assume SPI repurchases 10,500 of its common stock at a price of $2 per share on April 1, 2021. Also assume that during the quarter ended June 30, 2021, SPI reported Net Income of $8,250 and declared and paid cash dividends totaling $8,250. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2021. (Round "Earnings per Share" to 3 decimal places and "Return on Equity" to 1 decimal place.)
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