Zachary Company's income statement information follows: Nat sales Income before interest and taxes Net income after taxes Interest expense Stockholders' equity. December 31 (Year 1: $192,000) Common stock, December 31 Year 3 $424,000 114.000 55.400 9,400 303,000 197,500 Year 2 $261.000 84,000 62,200 2.950 239,000 175.000 The average number of shares outstanding was 7,900 for Year 3 and 7000 for Year 2. Required Compute the following ratios for Zachary 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. $69 per share; Year 2. $75 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. (.e., 0.2345 should be entered as 23.45).) Year 3 Year 2 Assessment Tool iFrame times times a. Times interest eamed b. Earnings per share c. Price-earings ratio d. Return on average equity e. Net margin times % % times %