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Problem 9-22A (Algo) Ratio analysis LO 9-3, 9-4, 9-5 Munoz Company's income statement information follows: The average number of shares outstanding was 7,900 for Year

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Problem 9-22A (Algo) Ratio analysis LO 9-3, 9-4, 9-5 Munoz Company's income statement information follows: 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, $76 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. (i.e., 0.2345 should be entered as 23.45).) e. Net margin, (Round your percentage answers to 2 decimal places. (l.e., 0.2345 should be entered as 23.45 ).)

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