TIMES MIRROR AND GLASS COMPANY Sales Cost of goods sold Gross profit selling and administrative expense Lease expense Operating profit Interest expense Earnings before taxes Taxes (30%) Earnings after taxes Equals income before interest and taxes $ 266,000 161,080 $ 105,000 46,400 13,300 $ 45,300 7,300 $ 38,000 15,200 $ 22,800 o. Compute the interest coverage ratio (Round your answer to 2 decimal places.) Answer is complete and correct. est coverage 5.21 The total assets for this company equal $172,000. Set up the equation for the Du Pont system of ratio analysis. c. Compute the profit margin ratio. (Input your answer as a percent rounded to 2 decimal places.) Profit margin d. Compute the total asset turnover ratio (Round your answer to 2 decimal places.) Total asset turnover times