You are given the following data for Good Company Inc. for 2004, 2005, and 2006 (amounts in thousands).
$\begin{array}{lrrr}
&2006&2005&2004\
\text { Net income } & \$ 445 & \$ 402 & \$ 345 \
\text { Average number of common shares outstanding } & 135 & 134 & 132 \
\text { Average common shareholder' equity } & \$ 1,231 & \$ 964 & \$ 735
\end{array}$
a. Calculate ROCE for the three years.
b. Calculate basic EPS for the three years.
c. Interpret your findings for both ROCE and EPS.

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The Answer of You are given the following data for Good Company Inc. for 2004, 2005, and 2006 (amounts in thousands).
$\begin{array}{lrrr}
&2006&2005&2004\
\text { Net income } & \$ 445 & \$ 402 & \$ 345 \
\text { Average number of common shares outstanding } & 135 & 134 & 132 \
\text { Average common shareholder' equity } & \$ 1,231 & \$ 964 & \$ 735
\end{array}$
a. Calculate ROCE for the three years.
b. Calculate basic EPS for the three years.
c. Interpret your findings for both ROCE and EPS.

You Are Given the Following Data for Good Company Inc