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not sure what i'm doing wrong Zachary Company's income statement information follows: Net sales Income before interest and taxes Net income after taxes Interest expense

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Zachary 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: $198,000) Common stock, December 31 Year 3 $418,000 114,000 55,320 8,550 304,000 197,500 Year 2 $ 267,000 76,000 63,800 7,500 230,000 175,000 The average number of shares outstanding was 7.900 for Year 3 and 7,000 for Year 2 Required Year 3 Year 2 13.33 times 10.13 times $ 7.00 $ a Times interest earned b. Earnings per share c. Price-earnings ratio d. Return on average equity e. Net margin 9.11 times times % % % %

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