Calculate the putin companys ratios

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Reference no: EM131793085

Selected data for Putin Company for 2014 and additional information on industry averages follow.

 Earnings (net income)   $ 195,600
   
  Preferred stock (13,200 shares at $50 par, 4%)   $ 660,000  
  Common stock (45,000 shares no par, market value $56)     510,000  
  Retained earnings     562,500  
   
    $ 1,732,500  
  Less: Treasury stock        
      Preferred (1,800 shares) $54,000      
      Common (1,800 shares) 24,000   78,000  
 
  Total stockholders' equity      $1,654,500

 

Industry averages  
Earnings per share $5.20
Price-earnings ratio 9.50
     Return on equity 11.20%

Required

a. Calculate the Putin Company's ratios. (Round your answers to 2 decimal places.)

Reference no: EM131793085

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