Please calculate the return on average equity and net margin for year 3 and year 2

Net sales Income before interest and taxes Net Income after taxes Interest expense Stockholders' equity, December 31 (Year 1: $197,000) Common stock, December 31 Year 3 $420,000 114,000 55,720 9,000 310,000 192,500 Year 2 $258,600 80, eee 63,800 7,950 243,000 175,880 The average number of shares outstanding was 7700 for Year 3 and 7,000 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. $69 per share: Year 2. $77 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 os 23.45).) e. Net margin (Round your percentage answers to 2 decimal places. (1.e. 0.2345 should be entered as 23.45).) Year 3 12 67 times 7 24 953 times Year 2 10.06 times 9.11 8.45 times Time interesteamed b Earnings per share C Prico-congs ratio d Return on average equity Not margin 5 $ 90