the income statement for Michigan communications follows. Assume Michigan communications signed a three month, 12%, $60,000 note on june 1, 2018, and that this was the only note payable for the company

A) what is the interest expense, total other income and expenses, net income before income tax expense, and net income?

B) compute the times interest earned ratio for the company round to two decimals

Dula Tuvie Year Ended July 31, 2018 Net Sales Revenue 27,000 13,200 13,800 680 1,450 2,130 Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense 11,670 2,090 Net Income Print Done ents (0) No completed assignments during the selected timeframe