sales update, page-14

Mvanle,

I really enjoyed your "symantics" (sic) and admired your thick skin.

It seems you can never understand the identity

ROE x EQPS = EPS

LOL!!

Look, by definition

ROE (return on equity)
= total-return / total_equity
= return_per_share / equity_per_share
= return_per_share / EQPS

So

ROE x EQPS
= (return_per_share / EQPS) x EQPS
= return_per_share
= earnings_per_share
= EPS

End of proof.

Any more kindergarten-style questionss?