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Two online magazine companies reported the following in their financial statements: BusinessWorld Fun and Games 2015 2014 2015 2014 Net income $ 110,500 $ 108,704
Two online magazine companies reported the following in their financial statements: BusinessWorld Fun and Games 2015 2014 2015 2014 Net income $ 110,500 $ 108,704 $ 91,920 $ 172,273 Total stockholders' equity 592,186 517,814 452,151 472,049 Earnings per share 3.30 3.29 2.20 4.08 Stock price when annual results reported 54.65 51.29 32.80 59.95 Required: 1-a. Compute the 2015 ROE for each company.
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