Question: Problem 13-21A (Algo) Ratio analysis LO 13-5 Selected data for Benson Company for Year 3 follows: Earnings (net income) $ 189,000 Preferred stock (12,600 shares

Problem 13-21A (Algo) Ratio analysis LO 13-5

Selected data for Benson Company for Year 3 follows:

Earnings (net income) $ 189,000
Preferred stock (12,600 shares at $40 par, 6%) $ 504,000
Common stock (43,300 shares no par, market value $59) 520,000
Retained earnings 567,500
$ 1,591,500
Less: Treasury stock
Preferred (1,500 shares) $ 51,000
Common (1,500 shares) 25,000 76,000
Total stockholders equity $ 1,515,500

Required a. Calculate the Benson Companys ratios. (Round intermediate calculations and final answers to 2 decimal places.)

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