Question: Here are some data for five companies in the same industry: A 24.79 6.70 Company Code B D 61.79 191.29 -11.84 16.70 51.70 3.70 EBIT

 Here are some data for five companies in the same industry:

Here are some data for five companies in the same industry: A 24.79 6.70 Company Code B D 61.79 191.29 -11.84 16.70 51.70 3.70 EBIT Interest expense E 220.59 2.70 a. Calculate a measure of times-interest-earned for the industry. b. Calculate a measure of times-interest-earned for each company. C. Calculate the average of the times-interest-earned ratios for the individual companies. d. Does changing the method of calculation make a significant difference to the end result? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate a measure of times-interest-earned for the industry. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Times-interest-earned

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