2. A company s fixed interest expense is $8000 its income before interest expens

2. A company s fixed interest expense is $8000 its income before interest expense and income taxis $32 000. Its net income is $9600. The company s time interest earned ration equals3. An employee earned $4300 working for an employer. The current rate for FICA Social Security is6.2% and the rate for FICA Medicare 1.45%. The employer s total FICA payroll tax for thisemployee is4. A company had net cash flows from operations of $120000 cash flows from financing of$330000 total cash flows if $500000 and average total assets of $2500000. The cash flow ontotal assets ration equals