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Selected data for Putin Company for 2014 and additional information on industry averages follow. Earnings (net income $195600 Preferred stock 13200 shares at $50 par 4 )$660000 Common stock

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 earnings562,500$1,732,500 Less: Treasury stock Preferred (1,800 shares)$54,000 Common (1,800 shares)24,00078,000 Total stockholders’ equity$1,654,500 Industry averages Earnings per share$5.20 Price-earnings ratio9.50 Return on equity11.20 %Requireda.Calculate the Putin Company’s ratios. (Round your answers to 2 decimal places.)

Jun 24 2020 View more View Less

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