EXHIBIT 12
INACOM CORP. AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES
THREE YEAR PERIOD ENDED DECEMBER 26, 1998
1998 1997 1996
-------- -------- --------
Earnings ...................................... $ 42,584 $ 29,456 $ 18,733
Add provision for income taxes ................ 29,713 20,415 12,986
-------- -------- --------
72,297 49,871 31,719
-------- -------- --------
Fixed Charges:
Financing expense............................ 33,785 29,024 20,405
Interest factor portion of rentals .......... 6,885 5,981 3,993
-------- -------- --------
Total fixed charges ....................... 40,670 35,005 24,398
-------- -------- --------
Earnings before income taxes and fixed charges $112,967 $ 84,876 $ 56,117
-------- -------- --------
Ratio of earnings to fixed charges ............ 2.78 2.42 2.30
-------- -------- --------
-------- -------- --------
57