Required information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). Sales Miller Company Variable expenses (80%) $1,300,000 1,040,000 Income before interest Interest expense (fixed) Net income Weaver Company Sales Variable expenses (60%) Income before interest 260,000 64,000 $ 196,000 $1,300,000 780,000 520,000 324,000 Interest expense (fixed) Net income $ 196,000 Required: 1. Compute times interest earned for Miller Company and for Weaver Company.. Times interest earned for Miller Company and Weaver Company. Choose Numerator: / Choose Denominator: Times interest earned Times interest earned = 0 0