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Selected data for Zachary Company for 2018 follows: Earnings (net income) Preferred stock (11,800 shares at $40 par, 4%) Common stock (44,700 shares no par,
Selected data for Zachary Company for 2018 follows: Earnings (net income) Preferred stock (11,800 shares at $40 par, 4%) Common stock (44,700 shares no par, market value $48) Retained earnings $ 188, eee $ 472,000 519,000 581, 500 $1,572,500 Less: Treasury stock Preferred (1,800 shares) Common (1,800 shares) Total stockholders' equity $58, eee 23,800 81, eee $1,491,500 Required a. Calculate the Zachary Company's ratios (Round intermediate calculations and final answer to 2 decir Price-earnings ratio Return on equity here to search
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