15) Wayne, Incorporated has net sales revenue of $576,000, cost of goods sold of $357,000, and net income of $122,000. If interest expense is $10,700 and income tax expense is $1,700, the times interest earned ratio is: (Round your final answer to 2 decimal place.) A) 0.01 B) 11.56 C) 12.40 D) 12.56

15) Wayne, Incorporated has net sales revenue of $576,000, cost of goods sold of $357,000, and net income of $122,000. If interest expense is $10,700 and income tax expense is $1,700, the times interest earned ratio is: (Round your final answer to 2 decimal place.) A) 0.01 B) 11.56 C) 12.40 D) 12.56