Earnings (net income) Preferred stock (13,100 shares at $40 par, 6%) Common stock (44,500 shares no par, market value $60) Retained earnings $ 188,000 $ 524,000 518,000 576,500 $1,618,500 Less: Treasury stock Preferred (1,100 shares) Common (1,100 shares) $59,000 24,000 83,000 $1,535,500 Total stockholders' equity Required a. Calcul on equity ratio. (Round intermediate calculations and final answers to 2 decimal places.) the Baird Company's earnings per share ratio, price-earnings ratio and return

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Earnings (net income)
Preferred stock (13,100 shares at $40 par, 6%)
Common stock (44,500 shares no par, market value
$60)
Retained earnings
$188,000
$ 524,000
518,000
576,500
$1,618,500
Less: Treasury stock
Preferred (1,100 shares)
Common (1,100 shares)
$59,000
24,000
83,000
$1,535,500
Total stockholders' equity
Required
a. Calculate the Baird Company's earnings per share ratio, price-earnings ratio and return
on equity ratio. (Round intermediate calculations and final answers to 2 decimal places.)
Answer is not complete.
W
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Transcribed Image Text:9 Homework i Saved Help Save & Exit my work mode : This shows what is correct or incorrect for the work you have completed It does not indicate completion. Return to que Earnings (net income) Preferred stock (13,100 shares at $40 par, 6%) Common stock (44,500 shares no par, market value $60) Retained earnings $188,000 $ 524,000 518,000 576,500 $1,618,500 Less: Treasury stock Preferred (1,100 shares) Common (1,100 shares) $59,000 24,000 83,000 $1,535,500 Total stockholders' equity Required a. Calculate the Baird Company's earnings per share ratio, price-earnings ratio and return on equity ratio. (Round intermediate calculations and final answers to 2 decimal places.) Answer is not complete. W < Prev 3 of 4 Next > ...*. ation - a E 4) ENG 3:35
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