Using the income statement for Times Mirror and Glass Co., compute the following ratios: TIMES MIRROR AND GLASS Co Income Statement $ 255,000 159,000 96,000 43,100 19,600 33,300 5,000 28,300 11,320 $ 16,980 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. a.Compute the interest coverage ratio. (Round your answer to 2 decimal places.) times Interest coverage b.Compute the fixed charge coverage rati (Round your answer to 2 decimal places.) Fixed charge coverage times The total assets for this company equal $218,000. 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