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Franklin Company's income statement information follows: The average number of shares outstanding was 7,800...

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Accounting

Franklin 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 Franklin 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, $68 per share; Year 2, $78 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).
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