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Refer to the following selected financial information from Gomez Electronics. Compute the company's times interest earned for Year 2 Net sales Cost of goods sold

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Refer to the following selected financial information from Gomez Electronics. Compute the company's times interest earned for Year 2 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity Year 2 $484,500 277,500 10,900 68,452 47,250 319,500 175,400 144,100 Year 1 $427,450 251,320 11,900 53,880 41, 100 295, 200 168,500 126,700 O O O

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