The following information applies to Acorn Construction Company $($ACC$)$:

Me Depot Failed In Chis

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$12\mathrm{.}5$

points

Income before interest and taxes

Net income

Interest expense

Stockholders' equity, December $31$

common stock

Year $2$

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$5$

Information on the number of shares outstanding is provided below:

Average number of shares outstanding Year $2$

Average number of shares outstanding Year $1$

Required:

Compute the following ratios for ACC for Year $2$ and Year $1$ :

a$.$ Number of times interest is earned

b$.$ Earnings per share

$29,700$

$34,700$

$34,700$

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c$.$ Price$-$earnings ratio $($Market prices: Year $2$$$18\mathrm{.}50$ per share, Year $1$$$6\mathrm{.}00$ per share$)$

d$.$ Return on equity

e$.$ Net margin

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