nt/take Assignment Main.do?invoker=assignments&take AssignmentSessionLocator=assignment-take&inprogress=false eBook Show Me How Calculator E Print Item Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $563,000 Preferred dividends $32,000 Shares of common stock outstanding 45,000 Market price per share of common stock $147.5 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio. Round to one decimal place. Check My Work 2 more Chock My Work uses remaining, Previous