Check my work 9 Baird Company's income statement information follows: 2018 2017 Net sales Income befor. $420,000 258,000 75,000 63,900 7,550 309, 000 226,000 204,000 226,000 tero8t and taxes 116,000 55,160 9,100 10 Interest expense Stoekholders' equity, Decenber 31 (2016: $195,000 Common stoek, December 31 elook The average number of shares outstanding was 7,810 for 2018 and 6,850 for 2017 Pyint References Compute the following ratios for Baird for 2018 and 2017 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: 2018, $65 per share: 2017, $74 per share). (Do not round intermediate calculations. Round your answers to 2 decimal places.) d. Return on average equity. (Round your answers to 2 decimal places. (ie., 2345 should be entered as 23.45)) e. Net margin. (Round your answers to 2 decimal places. (i.e. .2345 should be entered as 23.45).) 2018 2017 a. Interest earmed times times b. Earmings per share imes d. Return on equity e. Net margin