PB11-5 (Algo) Computing and Interpreting Return on Equity (ROE) [LO 11-5] Two music companies reported the...

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PB11-5 (Algo) Computing and Interpreting Return on Equity (ROE) [LO 11-5] Two music companies reported the following in their financial statements: Net income Total stockholders' equity Earnings per share Stock price when annual results reported Required: Urban Youth Sound Jonx 2021 $ 27,200 357,101 1.10 2020 $ 24,002 270,399 1.00 2021 $ 42,300 18.85 17.00 486,302 0.95 14.65 2020 $ 36,439 491,198 0.85 12.95 1-a. Compute the 2021 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Compute the 2021 ROE for each company. (Round your answers to 1 decimal place.) 13 PB11-5 (Algo) Computing and Interpreting Return on Equity (ROE) [LO 11-5] Two music companies reported the following in their financial statements: Net income Total stockholders' equity Earnings per share Stock price when annual results reported Required: Urban Youth Sound Jonx 2021 $ 27,200 357,101 1.10 2020 $ 24,002 270,399 1.00 2021 $ 42,300 18.85 17.00 486,302 0.95 14.65 2020 $ 36,439 491,198 0.85 12.95 1-a. Compute the 2021 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Compute the 2021 ROE for each company. (Round your answers to 1 decimal place.) 13