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

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
a.

Calculate the Putin Companys ratios.(Roundyouranswers to 2 decimal places.)

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