how do I find the price earnings ratio with the provided information?

9:12 | s 8 LTE472% x Ratio analysisSelected data for ... a RO chegg.com Chapter 9, Problem 21P 0 1 Bookmark Show all steps: 0 Problem Ratio analysis Selected data for Dalton Company for 2018 and additional information o industry averages follow: Earnings (net income) Preferred stock (13,200 shares at $25 par, 4%) Common stock (45,000 shares no par, market value $28) Retained earnings $ 97,800 $330,000 255,000 281,250 $866,250 Less: Treasury stock Preferred (1,800 shares) Common (1,800 shares) Total stockholders' equity $27.000 12,000 39.000 $827.250 Industry averages Earnings per share Price-earnings ratio Return on equity $2.60 9.50 11.20% Required a. Calculate and compare Dalton Company's ratios with the industry averages b. Discuss factors you would consider in deciding whether to invest in th company. Step-by-step solution There is no solution to this problem yet Get help from a Chegg subject expert. Ask an expert