Academy Driving School reported the following amount in its financial statements: Number of common shares Net income Cash dividends paid on common stock Total stockholders' equity 1. 2013 2012 $ $ 12,600 39,060 2,900 $ 350,000 Calculate 2013 EPS and ROE. 12,600 $ 34,060 2,900 $ 330,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please help me with show all calculation thanku
Academy Driving School reported the following amount in its financial statements:
Number of common
shares
Net income
Cash dividends paid
on common stock
Total stockholders'
equity
1.
2013 2012
$
12,600
39,060
$ 2,900
$ 350,000
Calculate 2013 EPS and ROE.
$
12,600
34,060
2,900
$ 330,000
Transcribed Image Text:Academy Driving School reported the following amount in its financial statements: Number of common shares Net income Cash dividends paid on common stock Total stockholders' equity 1. 2013 2012 $ 12,600 39,060 $ 2,900 $ 350,000 Calculate 2013 EPS and ROE. $ 12,600 34,060 2,900 $ 330,000
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