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elected data for Dalton Company for Year 3 follows: Earnings (net income) $ 97, 890 Preferred stock (13, 200 shares at $25 par, 4%) $330,090
elected data for Dalton Company for Year 3 follows: Earnings (net income) $ 97, 890 Preferred stock (13, 200 shares at $25 par, 4%) $330,090 Common stock (45, 000 shares no par, market value $28) 255, 000 Retained earnings 281, 250 $866, 250 Less: Treasury stock Preferred (1, 800 shares) $27,000 Common (1, 800 shares) 12,000 39,000 Total stockholders' equity $827,250 Required a. Calculate Dalton Company's earnings per share ratio, price-earnings ratio and return on equity ratio. (Round your answers to 2 decimal places.) Earnings per share Price-earnings ratio Return on equity
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