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Husain, Inc.'s income statement and other financial information for the current year is presented below. Hussain, Inc Income Statement For the year ended December 31

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Husain, Inc.'s income statement and other financial information for the current year is presented below. Hussain, Inc Income Statement For the year ended December 31 Sales revenue $194,131 Cost of goods sold Gross profit Selling, general and administrative expenses Operating income Interest expense 71,360 122,771 13,135 109,636 3,897 Income before taxes 105,739 4,114 Income tax expense $101,625 Net income Balance sheet information: $253,500 Current assets Noncurrent assets 507,000 57,000 114,000 Current liabilities Long-term debt Required: a. Perform vertical analysis of the income statement b. Calculate the debt-to-assets ratio. c. Calculate the times interest earned ratio. Required B Required A Required C Perform vertical analysis of the income statement. (Round your answers to the nearest whole percent.) HUSSAIN, INC. Income Statement For the year ended December 31 Percent (%) Amount 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 $194,131 71,360 122,771 13,135 109,636 3,897 105,739 4,114 $101,625 Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the debt-to-assets ratio. (Round your answer to 2 decimal places.) Debt-to-assets Ratio Required A Required C Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the times interest earned ratio. (Round your answer to 2 decimal places.) Interest Earned Ratio Required B Required C

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