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E11-17(Algo) Determining the Effect of a Stock Repurchase on EPS and ROE...

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Accounting

E11-17(Algo) Determining the Effect of a Stock Repurchase on EPS and ROE [LO 11-2, LO 11-5]
Swimtech Pools Incorporated (SPI) reported the following in its financial statements for the quarter ended March 31,2021.
During the quarter ended March 31, SPI reported Net Income of $6,890 and declared and paid cash dividends totaling $6,890.
Required:
Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31.
Complete this question by entering your answers in the tabs below.
Required 1
Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31.(Round "Earnings per Share"
to 2 decimal places and "Return on Equity" to 1 decimal place.)
Earnings per Share
Return on Equity
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