Question: Problem 13-21A Ratio analysis LO 13-5 Selected data for Finch Company for Year 3 follows: $ 191,000 $ 595,000 511,000 569,500 $1,675,500 Earnings (net income)
Problem 13-21A Ratio analysis LO 13-5 Selected data for Finch Company for Year 3 follows: $ 191,000 $ 595,000 511,000 569,500 $1,675,500 Earnings (net income) Preferred stock (11,900 shares at $50 par, 48) Common stock (43,400 shares no par, market value $48) Retained earnings Less: Treasury stock Preferred (1,300 shares) Common (1,300 shares) Total stockholders' equity $53,000 20,000 73,000 $1,602,500 Required a. Calculate the Finch Company's ratios. (Round intermediate calculations and final answers to 20 Price-earnings ratio Return on equity %
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