Information from Forman Company's financial statement follows

Average number of shares outstanding was 16,000 for 2018 and 15,000 for 2017

Computer the following ratios for Forman Company for 2018 and 2017 and round computations to two decimal points

A. Number of times interest was earned

B. Earnings per share based on the average number of shares outstanding

C. Price-earnings ratio (market prices:2018, $30 per share; 2017, $24 per share)

D. Return on equity

E. Net margin

2018 Net sales Income before interest and taxes Net income after taxes Bond interest expense Stockholders' equity, December 31 (2016: $240,000) Common stock, par $12, December 31 $1,000,000 180,000 128,000 20.000 360,000 210,000 2017 $800,000 150,000 108,000 16,000 300.000 180.000