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wo online magazine companies reported the following in their financial statements: BusinessWorld Fun and Games 2015 2014 2015 2014 Net income $ 114,500 $ 109,504
wo online magazine companies reported the following in their financial statements: BusinessWorld Fun and Games 2015 2014 2015 2014 Net income $ 114,500 $ 109,504 $ 96,500 $ 173,073 Total stockholders' equity 632,186 557,814 492,151 512,049 Earnings per share 4.10 4.09 3.00 4.88 Stock price when annual results reported 56.65 53.29 34.80 61.95 Required: 1-a. Compute the 2015 ROE for each company.
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