Question: Part a and b are correct but I need help with the others please! Using the income statement for Times Mirror and Glass Co., compute

Part a and b are correct but I need help with the others please! others please! Using the income statement for Times Mirror and Glass Co., compute the following ratios: TIMES MIRROR AND GLASS COMPANY Sales Cost of

Using the income statement for Times Mirror and Glass Co., compute the following ratios: TIMES MIRROR AND GLASS COMPANY Sales Cost of goods sold Gross profit Selling and administrative expense Lease expense Operating profit* Interest expense Earnings before taxes Taxes (30%) Earnings after taxe:s *Equals income before interest and taxes. $223,000 130,000 $ 93,000 44,000 19,100 $ 29,900 10,600 $ 19,300 7,720 $ 11,580 a. Compute the interest coverage ratio. (Round your answer to 2 decimal places.) Interest coverage 2.82 times

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