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Selected data for Perez Company for 2018 follows Earnings (net income) Preferred stock (11,900 shares at $50 par, 48) Common stock (43,000 shares no par,
Selected data for Perez Company for 2018 follows Earnings (net income) Preferred stock (11,900 shares at $50 par, 48) Common stock (43,000 shares no par, market value $52) Retained earnings $ 187,000 $ 595, 000 528,000 579,500 $1,702,500 Less: Treasury stochk Preferred (1,500 shares) Common(1,500 shares) Total stockholders' equity $58,000 24,000 82,000 $1,620,500 Required a. Calculate the Perez Company's ratios. (Round intermediate calculations and final answer to 2 decimal places.) Price-earnings ratio Return on equity
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