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According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equlpment fell 3.8 percent between January

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According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equlpment fell 3.8 percent between January and December 2018. Let's see whether these changes are reflected in the income statement of Gonzalez Industries for the year ended December 31, 2018. Required: 1. Compute the times interest earned ratios for 2018 and 2017. 2. Does Gonzalez generate sufficient net income in both years (before taxes and interest) to cover the cost of debt financing? 1. Compute the times interest earned ratios for 2018 and 2017. 2. Does Gonzalez generate sufficlent net income in both years (before taxes and interest) to cover the cost of debt finan Complete this question by entering your answers in the tabs below. Compute the times interest earned ratios for 2018 and 2017. (Round your answers to 1 decimal place.)

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