Munoz Company's income statement information follows: Net sales Income before interest and taxes Net income after taxes Interest expense Stockholders' equity. December 31 (Year 1: $194,000) Common stock, December 31 Year 3 $417.000 117,000 55,400 8,750 307,000 197,500 Year 2 $255,000 82,000 63,300 7,950 240,000 175,000 The average number of shares outstanding was 7,900 for Year 3 and 7,000 for Year 2. Required Compute the following ratios for Munoz 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. $68 per share; Year 2, $78 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. (t.e., 0.2345 should be entered as 23.45).) e. Net margin. (Round your percentage answers to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Year 3 times Year 2 times a Times interesteamed b. Earnings per share Price emingsrabo d. Relum on average equity e. Net margin times tires % % %