Academy Driving School reported the following amount in its financial statements:

Academy Driving School reported the following amount in its financial statements:

                                                                    2013               2012

Number of common shares                        11,500.00      11,500.00

Net Income                                             $ 23,000.00     $ 18,000.00

Cash Dividends paid on common stock     $ 3,000.00       $ 3,000.00

Total Stockholders equity                        $240,000.00     $220,000.00

Calculate 2013 EPS and ROE. Another driving school in the same city reported a higher net income ($45,000) in 2013, yet its EPS and ROE ratios were lower than those for the Academy Driving School. Explain how this apparent inconsistency could occur.