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Perez 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:

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Perez 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: $200,000) Common stock, December 31 Year 3 $420,000 116,000 55,480 9,450 384,000 197,500 Year 2 $269,000 77,eee 63,600 7,850 240,000 175,000 The average number of shares outstanding was 7,900 for Year 3 and 7000 for Year 2. Required Compute the following ratios for Perez 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. $67 per share; Year 2, 576 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. (ie., 0.2345 should be entered as 23.45).) e. Net margin (Round your percentage answers to 2 decimal places. (i..., 0.2345 should be entered as 23.45).) Year 2 Year 3 ta Tim And

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