Selected data for Munoz Company for Year 3 follows:
Required
a. Calculate the following ratios for Munoz Company.
Note: Round intermediate calculations and final answers to 2 decimal places.
Selected data for Munoz Company for Year 3 follows:
Earnings (net income)
$ 188,000 $ 476,000 520,000 563,500 1,559,500
Preferred stock (11,900 shares at $40 par, 4%) Common stock (44,400 shares no par, market value $57) Retained earnings
Less: Treasury stock Preferred1,600 shares) Common 1,600 shares) Total stockholders' equity
$54,000 29,000
83,000 $ 1,476,500
Required a. Calculate the following ratios for Munoz Company. Note:Round intermediate calculations and final answers to 2 decimal places
Earnings per share Price-earnings ratio
Return on equity
%