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Walton 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

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Walton 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 Walton 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, $67 per share; Year 2, $76 per share). (Round your intermediate and final answers to 2 decimal places.) d. Return on average equity. (Round your answers to 2 decimal places. (i.e., 2345 should be entered as 23.45)) e. Net margin. (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45))

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