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Selected data for Rooney Company for Year 3 follows: $ 191,000 $ 480,000 Earnings (net income) Preferred stock (12,000 shares at $40 par, 2%) Common
Selected data for Rooney Company for Year 3 follows: $ 191,000 $ 480,000 Earnings (net income) Preferred stock (12,000 shares at $40 par, 2%) Common stock (43,800 shares no par, market value $49) Retained earnings 521,000 565,500 $1,566,500 Less: Treasury stock Preferred (1,700 shares) Common (1,700 shares) Total stockholders' equity $44,000 23,000 67,000 $1,499,500 Required a. Calculate the Rooney Company's earnings per share ratio, price-earnings ratio and return on equity ratio. (Round intermediate calculations and final answers to 2 decimal places.) Earnings per share Price-earnings ratio Return on equity %
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