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Husain, Inc.'s income statement and other financial information for the current year is presented below. Income $274.131 87.360 Sales revenue Cost of goods sold Gross

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Husain, Inc.'s income statement and other financial information for the current year is presented below. Income $274.131 87.360 Sales revenue Cost of goods sold Gross proft Selling. general& administrative expenses 17.135 Operating income Interest expense 169,636 6,297 Income before taxes Income tax expense 163,339 5,714 Net income $157.625 Current assets Noncurrent assets Current liabilities Long-term debt $201.500 523,000 73.000 146,000 Using the above information: a. Perform vertical analysis of the income statement. (Round your answer to the nearest whole percent.) HUSSAIN, INC. Income Statement For the year ended December 31 Amount $ 274.131 Percent(%) Sales revenue Cost of goods sold Gross nmft 87.300 Using the above information: a. Perform vertical analysis of the income statement (Round your answer to the nearest whole percent) 21 Sales revenue Cost of goods sold Gross profit Selling, general, and administrative expenses Operating income Interest expense Income before taxes $ 274.131 87,360 188,771 17.135 169,636 6.297 163,339 5,714 $ 157.625 Income tax expense Net income b. Calculate the debt-to-assets ratio. (Round your answer to 2 decimal places.) bt to Assets Ratio c. Calculate the times interest earned ratio (Round your answer to 2 decimal places.) Times interest Earned Ratio

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