Munoz Company's income statement information follows: Year 3 Year 2 $255, 000 82,000 63,300 7,950 240,000 175,000 Net sales $417,000 117,000 55,400 8,750 307,000 197,500 Income before interest and taxes Net income after taxes Interest expense Stockholdern' equity, December 31 (Year l: $194,000) Common stock, Decenber 31 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. (l.e., 0.2345 should be entered as 23.45). Year 3 Year 2 a. Times interest earned b. Eanings per share times times times times c. Price earnings ratio d. Retum on average equity e. Net margin