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Help Save & Exit Subr Check my wo Finch Company's income statement information follows: Net sales 2018 2017 Income before interest and taxes $421,006 $

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Help Save & Exit Subr Check my wo Finch Company's income statement information follows: Net sales 2018 2017 Income before interest and taxes $421,006 $ 255, 080 Net income after taxes 111, 060 84,080 55,800 63,900 Interest expense 8,550 7,750 Stockholders' equity, December 31 (2016: $195,060) 298, 006 243, 060 Common stock, December 31 205, 060 231, 060 The average number of shares outstanding was 7,760 for 2018 and 6,890 for 2017. Required Compute the following ratios for Finch 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, $69 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. (i.e., .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 3 of 3 Next

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