Question: Swimtech Pools Inc. (SPI) reported the following in its financial statements for the quarter ended March 31, 2018. Common Stock, $1 par, 51,000 shares outstanding

 Swimtech Pools Inc. (SPI) reported the following in its financial statements
for the quarter ended March 31, 2018. Common Stock, $1 par, 51,000
shares outstanding Additional Paid-In Capital Retained Earnings Total Stockholders' Equity December March

Swimtech Pools Inc. (SPI) reported the following in its financial statements for the quarter ended March 31, 2018. Common Stock, $1 par, 51,000 shares outstanding Additional Paid-In Capital Retained Earnings Total Stockholders' Equity December March 31, 31, 2017 2018 $ 51,000 $ 51,000 30,600 30,600 20,400 20,400 $102,000 $102,000 During the quarter ended March 31, SPI reported Net Income of $5,610 and declared and paid cash dividends totaling $5,610. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31 2. Assume SPI repurchases 10,100 of its common stock at a price of $2 per share on April 1. 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $5,610 and declared and paid cash dividends totaling $5,610. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. (Round "Earnings per Share" to 2 decimal places and "Return on Equity" to 1 decimal place.) Prov 1 of 10 Next > 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31, 2. Assume SPI repurchases 10,100 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $5,610 and declared and paid cash dividends totaling $5.610. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. (Round "Earnings per Share" to 2 decimal places and "Return on Equity" to 1 decimal place.) Earnings por Share Return on Equity % Renuired Required 2 > 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31. 2. Assume SPI repurchases 10,100 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $5,610 and declared and paid cash dividends totaling $5,610. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018 Complete this question by entering your answers in the tabs below. Required 1 Requked 2 Assume SPI repurchases 10,100 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $5,610 and declared and paid cash dividends totaling $5,610. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. (Round "Earnings per Share" to 3 decimal places and "Return on Equity" to 1 decimal place.) Show less Earings per Share Return on Equity %

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