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6. M11-13 Calculating and Interpreting Earnings per Share (EPS) and Return on Equity (ROE) [LO...

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Accounting

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6. M11-13 Calculating and Interpreting Earnings per Share (EPS) and Return on Equity (ROE) [LO 11-5 Academy Driving School reported the following amounts in its financial statements 11,600 11,600 $ 24,360 19,360 S 3,100 3,100 $250,000 230,000 Net income Cash dividends paid on common stock Total s Calculate EPS and ROE for year 2. (Round EPS to 2 decimal places and ROE to 1 decimal place.) Year 2 EPS ROE References eBook & Resources

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