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I need help figuring out how to calculate the number of shares outstanding Vernon Company's...

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Accounting

I need help figuring out how to calculate the number of shares outstanding 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 $3,$ $ $69$ per share; Year $2,$ $ $74$ 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 $., 0.2345$ should be entered as $23.45) .)$

e $.$ Net margin. $($ Round your percentage answers to $2$ decimal places. $($ i $.$ e $., 0.2345$ should be entered as $23.45) .)$

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