MUNOR COMPANY Balance sheet Asseta Canh Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total ansata Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 14,650 7,980 13,340 11, 450 166.000 (12,600) $200,820 $ 0.390 3,800 4,850 21,720 113,500 48,560 $200,820 The average number of common stock shares outstanding during Year 3 was 860 shares. Net Income for the year was $14,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) 3.89 per share a. Current ratio b. Earnings per share c. Quick (old-test) ratio d. Return on investment e. Return on equity 1. Debt to equity ratio % % Zachary Company's Income statement Information follows: Net sales Income before interest and taxes Not income after taxes Interest expense Stockholders equity, December 31 (Year 1: $196,000) Common stock, December 31 Year 3 $412,000 113,000 55,640 9,000 298,000 195,000 Year 2 $251,000 79,000 63,400 7,750 232,000 172,500 The average number of shares outstanding was 7,800 for Year 3 and 6,900 for Year 2. Required Compute the following ratios for Zachary 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 decimal places.) d. Return on average equity. (Round your percentage answers to 2 decimal places. (.e., 0.2345 should be entered as 23.45).) e. Net margin. (Round your percentage answers to 2 decimal places. (l.e., 0.2345 should be entered as 23.45).) Year 3 times Year 2 times a Times interest comed b. Earnings per share Price-earnings ratio d. Return on average equity o. Not margin Etimes % times % % %