(Learning Objective 6: Computing earnings per share and return on equity for a leading company) Sasuke Corporation’s 20X7 fi nancial statements reported the following items, with the 20X6 fi gures given for comparison (adapted and in millions).

The weighted average common shares outstanding during 20X7 was 500 million shares.

Compute Sasuke’s earnings per share and return on ordinary equity for 20X7. Evaluate the rates of return as strong or weak.