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Two online magazine companies reported the following in their financial statements: Net income Total stockholders' equity Earnings per share Stock price when annual results reported

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Two online magazine companies reported the following in their financial statements: Net income Total stockholders' equity Earnings per share Stock price when annual results reported BusinessWorld 2015 2014 $106,500 $107.904 552,186 477,814 2.30 2.49 52.65 49.29 Fun and Games 2015 2014 $ 87,500 $171.473 4 12,151 432,049 1.40 3.28 30.80 5 7.95 Required: 1-a. Compute the 2015 ROE for each company. (Round your answers to 1 decimal place.) Business World Fun and Games 1-b. Which company appears to generate greater returns on stockholders' equity in 2015? Business World Fun and Games Both Companies appear to generate the same return on equity 2-a. Compute the 2015 PIE ratio for each company. Round your answers to 1 decimal place.) P/E Ratio times Business World Fun and Games 2-b. Which company do investors appear to value more Business World Fun and Games Both companies spear to generate the same return on equity

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