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  3. the total assets for this company equal $171,000.

The total assets for this company equal $171,000. Set up the equation for the Du...

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Finance

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The total assets for this company equal $171,000. Set up the equation for the Du Pont system of ratio analysis. c. Compute the profit margin ratio (Input your answer as a percent rounded to 2 decimal places.) Profit margin % d. Compute the total asset turnover ratio. (Round your answer to 2 decimal places.) Total asset turnover times e. Compute the return on assets (Investment). (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Return on assets % Using the income statement for Times Mirror and Glass Co., compute the following ratios: TIMES MIRROR AND GLASS COMPANY Sales $219,000 Cost of goods sold 122,000 Gross profit $ 97,000 Selling and administrative expense 41,400 Lease expense 16,600 Operating profit* $ 39,000 Interest expense 9,700 Earnings before taxes $ 29, 300 Taxes (30%) 11,720 Earnings after taxes $ 17,580 *Equals income before interest and taxes. a. Compute the interest coverage ratio. (Round your answer to 2 decimal places.) Interest coverage times b. Compute the fixed charge coverage ratio. (Round your answer to 2 decimal places.) Fixed charge coverage times

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