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	$	199,131
Cost of goods sold		72,360
Gross profit		126,771
Selling, general and administrative expenses		13,385
Operating income		113,386
Interest expense		4,047
Income before taxes		109,339
Income tax expense		4,214
Net income	$	105,125

Balance sheet information:
Current assets	$	254,000
Noncurrent assets		508,000
Current liabilities		58,000
Long-term debt		116,000

Required:

1. Perform vertical analysis of the income statement.

2. Calculate the debt-to-assets ratio.

3. Calculate the times interest earned ratio.

nss. nc.'s income stetemen and other triancel itomstion lor the current year presented beow. Hussain, Ic Income Ststenent For the year ended Decerber 31 $199,131 72.368 Cost of oods sold Gross pnofi Selling, garal and adsinistrative expenses 13.385 Operating incone Interest expense Incone tax expense et incone Balance sheet i 254,888 Current 1iabiEties Long-tem dest 116,88 Required: s. Calculste the times interest esned retio. Calculate the bmes intereat eamed rabo. (Round your wnewer to 2 decimal placs Calaulate the dabt tor wxxets ratia. [Round your anawer to 2 decimal places