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  3. husain, inc.'s income statement and other financia

Husain, Inc.'s income statement and other financial information for the current year is presented below....

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Accounting

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Husain, Inc.'s income statement and other financial information for the current year is presented below. Hussain, Inc. Income Statement For the year ended December 31 Sales revenue Cost of goods sold Gross profit Selling, general and administrative expenses Operating income Interest expense Income before taxes Income tax expense Net income $229,131 78,360 150,771 14,885 135,886 4,947 130,939 4,814 $126,125 Balance sheet information: Current assets Noncurrent assets Current liabilities Long-term debt $257,000 514,000 64,000 128,000 Required: a. Perform vertical analysis of the income statement. b. Calculate the debt-to-assets ratio c. Calculate the times interest earned ratio Complete this question by entering your answers in the tabs beloW

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