Sokov Company's income statement information follows 2014 $411,000 120,000 55,800 2013 Net sales Income before interest and taxes Net income after taxes Interest expense Stockholders' equity, December 31 (2012:$195,000) Common stock, December 31 $256,000 77,000 62,800 9,350 7,700 314,000 207,000 236,000 232,000 The average number of shares outstanding was 7,810 for 2014 and 6,870 for 2013 Required Compute the following ratios for Sokov for 2014 and 2013 a. Number of times interest was earned. (Round your answers to 2 decimal places.) 2014 2013 Interest earned times imes b. Earnings per share based on the average number of shares outstanding. (Round your answers to 2 decimal places.) 2014 2013 arnings per share