using the income statement for Tmes Mirror and Glass Co., compute the following ratios: TIMES MIRROR AND GUASS Co. Income Statement Sales 281,000 Cost of goods sold 169.000 Gross profit 112,000 Selling and administrative expense 44,800 Lease expense 17,500 Operating profit 49,700 Interest expense 8,100 Earnings before taxes 41.600 16,640 Earnings after taxes 24,960 "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 ratio. (Round your answer to 2 decimal places.) times Fixed charge coverage The total assets for this company equal s211 000 set up the equation for the Du Pont system of ratio analysis (OTpe here to search