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Selected data for Perez Company for 2018 follows: Earnings (net income) $ 181,000 Preferred stock (11,600 shares at $40 par, 6%) $ 464,000 Common stock

Selected data for Perez Company for 2018 follows:

Earnings (net income) $ 181,000
Preferred stock (11,600 shares at $40 par, 6%) $ 464,000
Common stock (43,800 shares no par, market value $55) 527,000
Retained earnings 578,500
$ 1,569,500
Less: Treasury stock
Preferred (1,300 shares) $ 60,000
Common (1,300 shares) 29,000 89,000
Total stockholders equity $ 1,480,500

Required

  1. Calculate the Perez Companys ratios. (Round intermediate calculations and final answer to 2 decimal places.)

  2. Price-earnings ratio
    Return on equity 12.22 %

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