Franklin Company's income statement information follows: Net sales Trcome before interest and taxes Nat incon after taxas Interest expense Stockholders' equity, December 31 (2016: $194,000) Common stock, December 31 2018 $425.000 120,000 55,160 8.750 301.000 205.000 $263.000 77.000 63,600 7,200 235,000 230,000 The average number of shares outstanding was 7,760 for 2018 and 6,870 for 2017, Required Compute the following ratios for Franklin 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, $66 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. (.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).) 2018 times 2017 times a. Interest eamed b. Earnings per share c. Price-eamings ratio d. Return on equity e. Net margin mes times %