Munoz Company's income statement information follows: The average number of shares outstanding was 7,800 for...
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Munoz 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 Munoz for Year 3 and Year 2. a. Times Interest Earned. Note: Round your answer to 2 decimal places. b. Earnings per share based on the average number of common shares outstanding. Note: Round your answer to 2 decimal places. c. Price-earnings ratio (market prices: Year 3, \$65 per share; Year 2, \$74 per share). Note: Round your answer to 2 decimal places. d. Return on average common stockholders' equity. Note: Round your percentage answer to 2 decimal places (for example, 0.2345 should be entered as 23.45). e. Net margin on sales. Note: Round your percentage answer to 2 decimal places (for example, 0.2345 should be entered as 23.45 ). Note: Round your percentage answer to 2 decimal places (for example, 0.2345 should be entered as 23.45 )
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