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Please answer All questions 1.) A company reports the following: Income before income tax $3,617,600 Interest expense 133,000 Determine the times interest earned ratio. If

Please answer All questions

1.) A company reports the following:

Income before income tax $3,617,600
Interest expense 133,000

Determine the times interest earned ratio. If required, round the answer to one decimal place.

2.) A company reports the following income statement and balance sheet information for the current year:

Net income $562,450
Interest expense 99,260
Average total assets 4,830,000

Determine the return on total assets. If required, round the percentage to one decimal place.

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