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164 points M11-13 Calculating and Interpreting Earnings per Share (EPS) and Return on Equity (ROE) [LO Academy Driving School reported the following amounts in its financial statements: Number of common shares Net income Cash dividends paid on common stock Total stockholders' equity 12,200 12,200 $ 32,940 27,940 3,700 3,700 $310,000 $290,000 Calculate EPS and ROE for year 2. (Round EPS to 2 decimal places and ROE to 1 decimal place.) ear 2 EPS ROE
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