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Campbell Companys income statement information follows: Year 3 Year 2 Net sales$ 4 1 4 , 0 0 0 $ 2 5 9 , 0

Campbell Companys income statement information follows: Year 3 Year 2Net sales$414,000 $259,000 Income before interest and taxes 115,00076,000 Net income after taxes 55,40063,100 Interest expense 8,5507,650 Stockholders equity, December 31(Year 1: $199,000)296,000233,000 Common stock, December 31192,500172,500 The average number of shares outstanding was 7,700 for Year 3 and 6,900 for Year 2. RequiredCompute the following ratios for Campbell for Year 3 and Year 2. 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 places.)c. Price-earnings ratio (market prices: Year 3, $67 per share; Year 2, $76 per share).(Round your intermediate and final answers to 2 decimal places.)d. Return on average equity. (Round your percentage answers to 2 decimal places. (i.e.,0.2345 should be entered as 23.45).)e. Net margin. (Round your percentage answers to 2 decimal places. (i.e.,0.2345 should be entered as 23.45).)

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