Franklin Company's income statement information follows: Year 3 $429, 000 $260, e00 116,000 55,160 8,950 297,000 195,e00 Year 2 Net sales Income before interest and taxes Net incone after taxes Interest expense Stockholders' equity, December 31 (Year 1: $197,000) Conmon stock, December 31 78,000 62,400 7,800 245, 000 175,000 The average number of shares outstanding was 7,800 for Year 3 and 7,000 for Year 2. Required Compute the following ratios for Franklin 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, $66 per share: Year 2, $77 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. (l.e., 0.2345 should be entered as 23.45).) e. Net margin. (Round your percentage answers to 2 decimal places. (.e., 0.2345 should be entered as 23.45).) Year 3 times Year 2 Times interest earned Emes Eamings per share Price eamings ratio d. Return on average equity times times eNet margin