Question: Help Save & E Deacon Corporation has provided the following financial data from its balance sheet and income statement: Total assets Total liabilities Total stockholders'

data from its balance sheet and income statement: Total assets Total liabilities

Help Save & E Deacon Corporation has provided the following financial data from its balance sheet and income statement: Total assets Total liabilities Total stockholders' equity Net operating income (income before interest and taxes) Interest expense Year 2 $1,254,000 494,000 760,000 Year $1,210,000 $ 486,000 $ 724,000 70,097 36,000 The company's times interest earned ratio for Year 2 is closest to: Multiple Choice 067 2.95 O 195

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