Selected data for Diana for 2018 follows: Earnings (net income)$188,000Preferred stock (11,900 shares at $40 par, 2%)$476,000Common
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Question:
Selected data for Diana for 2018 follows:
Earnings (net income)$188,000Preferred stock (11,900 shares at $40 par, 2%)$476,000Common stock (45,000 shares no par, market value $48)517,000Retained earnings575,500$1,568,500Less: Treasury stock Preferred (1,800
shares)$42,000Common (1,800 shares)28,00070,000Total stockholders' equity$1,498,500
Calculate Diana Company's ratios.
Expert Answer:
Based on the given data we can calculate the following ratios 1 Earnings Per Share EPS Net In... View the full answer
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