Vernon 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 Vernon 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 $3,$ $$68$ per share; Year $2,$ $$77$ 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$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45).)$

e$.$ Net margin. $($Round your percentage answers to $2$ decimal places. $($i$.$e$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45).)$