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

TIMES MIRROR AND GLASS COMPANY

Sales $ $244,000$

Cost of goods sold $135,000$

Gross profit $ $109,000$

Selling and administrative expense $47,900$

Lease expense $18,200$

Operating profit$*$Footnote below asterisk $ $42,900$

Interest expense $8,300$

Earnings before taxes $ $34,600$

Taxes $(30\%)13,840$

Earnings after taxes $ $20,760$

$*$Footnote asteriskEquals 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 $$240,000.$ 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.