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 %

Price-earnings ratio

Return on equity