Selected data for Vernon Company for Year 3 follows: Earnings (net income) Preferred stock (12,400 shares at $40 par, 48) Common stock (43,300 shares no par, market value $54) Retained earnings $ 182,000 $ 496,000 522,000 577,500 $1,595,500 Less: Treasury stock Preferred (1,800 shares) Common (1,800 shares) Total stockholders' equity $49,000 29,000 78,000 $1,517,500 Required a. Calculate the Vernon Company's ratios. (Round intermediate calculations and final answers to 2 decimal places.) Earnings per share Price-earnings ratio Return on equity %