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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

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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 Cost of goods sold $229,131 78,360 Gross profit Selling, general& administrative expenses 150,771 14,885 Operating income Interest expense 135,886 4,947 Income before taxes Income tax expense 130,939 4,814 Net income $126,125 Balance sheet information: Current assets Noncurrent assets Current liabilities Long-term debt $257,000 514,000 64,000 128,000 Using the above information Perform vertical analysis of the income statement. (Round your answer to the nearest whole percent.) a. Income Statement For the year ended December 31 Amount Percent (%) $229,131 78,360 150,771 Selling, general, and administrative expenses 14,885 135,886 4,947 130,939 4,814 $ 126,125 Sales revenue Cost of goods sold Gross proft Operating income Interest expense Income before taxes Income tax expense Net income b. Calculate the debt-to-assets ratio. (Round your answer to 2 decimal places.) Debt 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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