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Husain, Inc.'s income statement and other financial information for the current year is pre 8 46:57 Hussain, Inc. Income Statement For the year ended December
Husain, Inc.'s income statement and other financial information for the current year is pre 8 46:57 Hussain, Inc. Income Statement For the year ended December 31 Sales revenue Cost of goods sold Gross profit Selling, general and administrative expenses Operating income Interest expense Income before taxes Income tax expense Net income $274, 131 87, 360 186,771 17,135 169,636 6,297 163,339 5,714 $157,625 Balance sheet information: Current assets Noncurrent assets Current liabilities Long-term debt $261,500 523,000 73,000 146,000 Reruirer. Required: B a. Perform vertical analysis of the income statement b. Calculate the debt-to-assets ratio. c. Calculate the times interest earned ratio. 16:42 Complete this question by entering your answers in the tabs below. Required A Required B Required c Perform vertical analysis of the income statement. (Round your answers to the neare HUSSAIN, INC. Income Statement For the year ended December 31 Amount Percent (%) Dra c. Calculate the times interest earned ratio. 8 Complete this question by entering your answers in the tabs below. 01:46:07 Required A Required B Required Calculate the debt-to-assets ratio. (Round your answer to 2 decimal places.) Debt-to-assets Ratio 8 Complete this question by entering your answers in the tabs below. :45:51 Required A Required B Required Calculate the times interest earned ratio. (Round your answer to 2 decimal places.) Interest Earned Ratio
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