Calculate the Putin Company's ratios. Round answer 2 decimal places.

Price-earnings ratio ???% I've tried 14.89 and that is not the correct answer

Return on equity 11.82%

Please explain answer

value: 4.00 points Selected data for Putin Company for 2014 and additional information on industry averages follow 195,600 Earnings (net income) 660,000 Preferred stock (13,200 shares at $50 par, 4%) 510,000 Common stock (45,000 shares no par, market value $56) 562,500 Retained earnings $1,732,500 Less: Treasury stock $54,000 Preferred (1,800 shares) 24,000 78,000 $1,654,500 Total stockholders' equity Industry averages Earnings per share 5.20 9.50 Price-earnings ratio 11.20% Return on equity