Finch Company's income statement information follows: Net sales Income before interest and taxes Net income after taxes Interest expense Stockholders' equity, December 31 (Year 1: $191,000) Common stock, December 31 Year 3 $417,000 119,000 55,320 8,850 308,888 194,250 The average number of shares outstanding was 7770 for Year 3 and 6.860 for Year 2 Required Compute the following ratios for Finch 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). (Do not round intermediate calculations. Round your 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).) Year 3 times Year 2 times a. Interest earned b. Eamings per share c. Price-earnings ratio d. Return on average equity e. Net margin times times % % Prev 1 of 1 Next