4 Otis Company's income statement information follows: solnts Net sales Income before interest and taxes Net income after taxes Interest expense Stockholders equity, December 31 (Year 1: $200,000) Common stock, December 31 Year 3 $480,000 120,000 81,000 9,000 300,000 240,000 Year 2 $320,000 98,000 72,000 8,000 240,000 200,000 eBook The average number of shares outstanding was 9,600 for Year 3 and 8,000 for Year 2. Required Compute the following ratios for Otis for Year 3 and Year 2. Print References a. Number of times interest was earned. (Round your answers to 2 decimal places.) b. Earnings per share based on the average number of shares outstanding. (Round your answers to 2 decimal plac c. Price-earnings ratio (market prices: Year 3. $64 per share; Year 2, $78 per share). (Round intermediate calculatio answers to 2 decimal places.) d. Return on average equity. (Round your answers to 2 decimal places. (i.e., 2345 should be entered as 23.45) e. Net margin (Round your answers to 2 decimal places. (.e., 2345 should be entered as 23.45) Year Year 2 times timos Times interest comed b. Esminge per share C Price-comings ratio d. Return on average equity Not margin times % % times % %