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Munoz Company's income statement information follows: Not soles Income before interest and taxes Net Income after taxes Interest expense stockholders equity, December 31 Year 11

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Munoz Company's income statement information follows: Not soles Income before interest and taxes Net Income after taxes Interest expense stockholders equity, December 31 Year 11 5196.000) Common stock, Deceber 31 Year 3 5419,000 119,000 55,640 9,300 297,000 197.500 Year 2 5251,000 1,000 63,500 7.450 239,000 175,000 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 shores outstanding (Round your answers to 2 decimal places.) c. Price-earnings ratio (market prices Year 3, $68 per share: Year 2.575 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. e., 0.2345 should be entered as 23.45).) e. Nel margin: (Round your percentage answers to 2 decimal places. (i... 0.2345 should be entered as 23.45).) 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. $75 per share).(Round your intermediate and final answers to 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. (ie, 0.2345 should be entered as 23.45).) Year 3 times Year 2 times a Times interest eamed b. Earnings per share c. Price earnings Patio d Return on average equity e. Net margin times times % 4

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