answer this with a solution

TASK 7. Please answer this exercise. (20 PTS) Example Exercise 17-7 Times Interest Charges Are Earned A company reports the following: Income before income tax $250,000 Interest expense 100,000 I Determine the number of times interest charges are earned. TASK 8. Please answer this exercise. (20 PTS) Example Exercise 17-8 Net Sales to Assets A company reports the following: Net sales $2,250,000 Average total assets 1,500,000 Determine the ratio of net sales to assets