Vernon Company's income statement information follows: Net sales Income before interest and taxes Net income after taxes Interest expense Stockholders' equity, December 31 (Year 1: $200,000) Common stock, December 31 Year 3 $430,000 119,000 55,480 9,300 301,000 197,5ee Year 2 $269,800 80,000 63,800 7,900 235,000 172,500 The average number of shares outstanding was 7,900 for Year 3 and 6,900 for Year 2 Required Compute the following ratios for Vemon for Year 3 and Year 2. a. Number of umes interest was earned. (Round your answers to 2 decimol 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. 568 per share: Year 2, 576 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. (l.e., 0.2345 should be entered as 23.45).) e. Net margin (Round your percentage answers to 2 decimal places. (1.0, 0.2345 should be entered as 23.45).) Year 3 times Year 2 times Times interest eamed b. Eamings per share Price earnings ratio d. Return on average equity e. Nel margin times times * % % %