Consider the following information from the financial statements of Renner-Stephens, Inc.:
$\begin{array}{lll}&2012&2011\
\text { Total stockholders equity } & \$ 44,550 & \$ 41,900 \
\text { Net income } & 10,002 \
\text { Stock price per share } & 113 \
\text { Dividends } & 521 \
\text { Purchasess of treasury stock } & 8,061 \
\text { Average shares outstanding } & 400 \
\text { Dividends per share } & 1.30
\end{array}$ Calculate Renner-Stephens' return on equity and earnings per share ratios.

Question

Consider the following information from the financial statements of Renner-Stephens, Inc.:
 $\begin{array}{lll}&2012&2011\
\text { Total stockholders equity } & \$ 44,550 & \$ 41,900 \
\text { Net income } & 10,002 \
\text { Stock price per share } & 113 \
\text { Dividends } & 521 \
\text { Purchasess of treasury stock } & 8,061 \
\text { Average shares outstanding } & 400 \
\text { Dividends per share } & 1.30
\end{array}$ Calculate Renner-Stephens' return on equity and earnings per share ratios.

Quizplus · Accepted Answer

The Answer of Consider the following information from the financial statements of Renner-Stephens, Inc.:
 $\begin{array}{lll}&2012&2011\
\text { Total stockholders equity } & \$ 44,550 & \$ 41,900 \
\text { Net income } & 10,002 \
\text { Stock price per share } & 113 \
\text { Dividends } & 521 \
\text { Purchasess of treasury stock } & 8,061 \
\text { Average shares outstanding } & 400 \
\text { Dividends per share } & 1.30
\end{array}$ Calculate Renner-Stephens' return on equity and earnings per share ratios.

Consider the Following Information from the Financial Statements of Renner-Stephens