Question: 5 ( 2 points each, 8 total points) Ch. 11 Free Ski LLC reported the following for two years of operations: Interest Expense {:[120 xx2,20
5 ( 2 points each, 8 total points) Ch. 11 Free Ski LLC reported the following for two years of operations: Interest Expense {:[120 xx2,20 xx1],[$300","000,$320","000],[$3","600","000,$3","200","000]:} Income before Income Tax Expense $3,600,000$3,200,000 Round percentage to one decimal place a. What is the times interest earned ratio? b. Is the change in times interest earned ratio? Favorable (*F) or unfavorable *UN)
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