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What is the price earned ratio and return on equity

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Reference no: EM132559202

Question - 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 -

1. Calculate the Putin Company's ratios.

2. What is the price earned ratio and Return on equity?

Reference no: EM132559202

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