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elected data for Stuart Company for Year 3 follows: Earnings (net income) Preferred stock (13,000 shares at $40 par, 6%) Common stock (44,000 shares no par, market value $52) Retained earnings Less: Treasury stock Preferred (1,600 shares) Common (1,600 shares) Total stockholders' equity $ 43,000 30,000 $ 183,000 $520,000 523,000 577,500 1,620,500 73,000 $ 1,547,500

elected data for Stuart Company for Year 3 follows: Earnings (net income) Preferred stock (13,000 shares at $40 par, 6%) Common stock (44,000 shares no par, market value $52) Retained earnings Less: Treasury stock Preferred (1,600 shares) Common (1,600 shares) Total stockholders' equity $ 43,000 30,000 $ 183,000 $520,000 523,000 577,500 1,620,500 73,000 $ 1,547,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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pls calculate cost per share, price-earnings ratio and return on equity

elected data for Stuart Company for Year 3 follows: Earnings (net income) Preferred stock (13,000 shares at $40 par, 6%) Common stock (44,000 shares no par, market value $52) Retained earnings Less: Treasury stock Preferred (1,600 shares) Common (1,600 shares) Total stockholders' equity $ 43,000 30,000 $ 183,000 $520,000 523,000 577,500 1,620,500 73,000 $ 1,547,500
Transcribed Image Text:elected data for Stuart Company for Year 3 follows: Earnings (net income) Preferred stock (13,000 shares at $40 par, 6%) Common stock (44,000 shares no par, market value $52) Retained earnings Less: Treasury stock Preferred (1,600 shares) Common (1,600 shares) Total stockholders' equity $ 43,000 30,000 $ 183,000 $520,000 523,000 577,500 1,620,500 73,000 $ 1,547,500
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