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

question 62

Essay

Consider the following information from the financial statements of Renner-Stephens, Inc.:
20122011 Total stockholders equity $44,550$41,900 Net income 10,002 Stock price per share 113 Dividends 521 Purchasess of treasury stock 8,061 Average shares outstanding 400 Dividends per share 1.30\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.


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