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Thornton Company's income statement information follows: The average number of shares outstanding was 7,800 for Year 3 and 6,900 for Year 2 Required Compute the

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Thornton Company's income statement information follows: The average number of shares outstanding was 7,800 for Year 3 and 6,900 for Year 2 Required Compute the following ratios for Thornton for Year 3 and Year 2 . 0. Number of times interest was earned. (Round your answers to 2 decimal ploces.) b. Earnings per share based on the average number of shares outstanding. (Round your onswers to 2 decimal places.) c. Price-earnings ratio imarket prices. Year 3, 565 per share: Year 2, 575 per share) (Round your intermediate and final answers to 2 decimal ploces.) d. Return on average equity. (Round your percentage answers to 2 decimal places. (1.e., 0.2345 should be entered as 23.45 ).) e. Net margin. (Round your percentoge answers to 2 decimal ploces. (l.e., 0.2345 should be entered as 23.45)

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