Question: Problem 3-23 (Static) Debt utilization ratios [LO3-2] The Lancaster Corporation's income statement is given below. a. What is the times-interest-earned ratio? Note: Round your answer

Problem 3-23 (Static) Debt utilization ratios [LO3-2] The Lancaster Corporation's income

Problem 3-23 (Static) Debt utilization ratios [LO3-2] The Lancaster Corporation's income statement is given below. a. What is the times-interest-earned ratio? Note: Round your answer to 2 decimal places. b. What would be the fixed-charge-coverage ratio? Note: Round your answer to 2 decimal places

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