Selected data for Thornton Company for Year 3 follows: Earnings (net income) Preferred stock (11,900 shares at $50 par, 2) Common stock (44,100 shares no par, market value $47) Retained earnings Less: Treasury stock Preferred (1,500 shares) Common (1,500 shares). Total stockholders' equity Required $ 178,000 $ 595,000 525,000 579,500 $1,699,500 $50,000 21,000 71,000 $1,628,500 a. Calculate the Thornton Company's ratios. (Round Intermediate calculations and final answers to 2 decimal places.) Earnings per share Price-earnings ratio Return on equity %