Using the income statement for Times Mirror and Glass CO commute the following ratios:

Sales 235,000

Cost of goods sold 121,000

Gross profit 114,000

selling and administrative expense 46,500

less expense 15,000

operating profit * 51,500

interest expense 6,900

earning before taxes 44,600

taxes (30%) 17,840

earning after taxes 26,760

* equals income before interest and taxes

a. commute the interest coverage ratio (round your answer to 2 decimal points)

______times

b. commute the fixed charge coverage ratio (round your answer to 2 decimal places)

______times

the total assets for this company is 182,000. Set up the equation for the DuPont system of ratio analysis

c. Compute the profit margin ratio (input your answer as a percent rounded to 2 decimal places)

_______%

d. Compute the total asset turnover ratio (round your answer to 2 decimal places)

________times

e. Compute the return on assets (investment) do not round intermediate calculations, input your answer as a percent rounded to 2 decimal places)

___________%