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Need it all thanks Thornton Company's income statement information follows: The average number of shares outsianding was 7,800 for Yeat 3 and 7,000 for Yeer
Need it all thanks
Thornton Company's income statement information follows: The average number of shares outsianding was 7,800 for Yeat 3 and 7,000 for Yeer 2 . Pequited Compute the following ratios for Thomton for Year 3 and Year 2 . 6. Number of times interest was earned. (Round your answers to 2 decimal places.) b. Earnings per thare based on the averege number of shores outstanding. (Round your answers to 2 declmal places.) c. Price earnings ratio (market prices. Yeat 3,565 per sharei Year 2, $73 per share) (Pound your intermediate and final answers to 2 decimal places.) 14. Return on average equity, (Round your percentage answers to 2 decimal places. (Le.. 0.2345 should be entered as 23.45).) 5. Net margin. (Round your percentage answers to 2 decimal places. (Le., 0.2345 should be entered as 23.45).) Step by Step Solution
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