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The following data relate to Edger Company 2018 1.08 Earnings per share 0.80 Cash dividends per common share 12.94 Market price per common share 25,380,000

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The following data relate to Edger Company 2018 1.08 Earnings per share 0.80 Cash dividends per common share 12.94 Market price per common share 25,380,000 Common share outstanding 1,264,086.000 Total assets 823,758,000 Total liabilities 16,600,000 Nonredeemable preferred stock 4,567,000 Preferred dividends 32,094,000 Net income Based on these data, compute Percentage of earnings retained 22.51% O 25.2% 0 20% D 30%

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