Kristi's Kites provided the following information from its financial statements: Required: Calculate the earnings per share and
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Required:
Calculate the earnings per share and return on equity for Kristi's Kites. Round percentages to one decimal point (i.e., 9.4%). How are the two profitability ratios different?
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Net income Average number of common shares outstanding Average stockholders equity S164,500 235,000 $576,000
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