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Selected data for Zachary Company for 2018 follows: $ 185,000 $ 488,000 Earnings (net income) Preferred stock (12,200 shares at $40 par, 40) Common stock

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Selected data for Zachary Company for 2018 follows: $ 185,000 $ 488,000 Earnings (net income) Preferred stock (12,200 shares at $40 par, 40) Common stock (44,600 shares no par, market value $51) Retained earnings 516,000 578,500 $1,582,500 Lesa: Treasury stock Preferred (1,200 shares) Common (1,200 shares) Total stockholders' equity $48,000 21,000 69,000 $1,513.500 Required a. Calculate the Zachary Company's ratlos. (Round Intermediate calculations and final answer to 2 decimal places.) Price- earnings ratio Return on equity

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