Question: It is a Multiple choice question. Please help! If a company had net income of $3,379,600, Interest expense of 234,000, a tax rate of 40%,

It is a Multiple choice question. Please help!

If a company had net income of $3,379,600, Interest expense of 234,000, a tax rate of 40%, and operating of $4,200,000, what is the times interest earned ratio?

A. 10.17

B. 7.95

C. 7.78

D. 7.18

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