Phelps,Inc.,had assets of $67,646 and liabilities of $15,466 at the close of 2008 with 10,718 shares of outstanding common shares.Net income for 2008 was $7,829.At the end of 2009,assets were $79,571 and liabilities were $18,551,and the company had 10,771 shares of outstanding stock.Net income for 2009 was $9,993.
a)Calculate EPS for 2009.
b)Calculate ROE for 2009.

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The Answer of Phelps,Inc.,had assets of $67,646 and liabilities of $15,466 at the close of 2008 with 10,718 shares of outstanding common shares.Net income for 2008 was $7,829.At the end of 2009,assets were $79,571 and liabilities were $18,551,and the company had 10,771 shares of outstanding stock.Net income for 2009 was $9,993.
a)Calculate EPS for 2009.
b)Calculate ROE for 2009.