Using the income statement for Times Mirror and Glass Company, compute the following ratios:

TIMES MIRROR AND GLASS COMPANY
Sales	$ 294,000
Cost of goods sold	180,000
Gross profit	$ 114,000
Selling and administrative expense	43,000
Lease expense	16,800
Operating profit*	$ 54,200
Interest expense	13,100
Earnings before taxes	$ 41,100
Taxes (30%)	16,440
Earnings after taxes	$ 24,660

*Equals income before interest and taxes.

Compute the interest coverage ratio.

Note: Round your answer to 2 decimal places.

Compute the fixed charge coverage ratio.

Note: Round your answer to 2 decimal places.

The total assets for this company equal $249,000. Set up the equation for the DuPont system of ratio analysis, and answer the following questions.

Compute the profit margin ratio.

Note: Input your answer as a percent rounded to 2 decimal places.

Compute the total asset turnover ratio.

Note: Round your answer to 2 decimal places.

Compute the return on assets (investment).

Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.