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Business, 24.04.2020 15:45 docholiday

Academy Driving School reported the following amounts in its financial statements: Year 1 Year 2 Number of common shares 11,500 11,500 Net income $ 18,000 $ 23,000 Cash dividends paid on common stock $ 3,000 $ 3,000 Total stockholders' equity $ 220,000 $ 240,000 Calculate EPS and ROE for Year 2.

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