16 Sanchez Corporation Selected Financial Information 12/31/16 20,000 100,000 190,000 310,000 230,000 200,000 40,000 300,000 12/31/15 $ 25,000 110,000 155,000 290,000 210,000 190,000 50,000 260,000 Cash Accounts receivable (net) Inventories Total current assets Noncurrent assets Current liabilities Long-term liabilities Shareholders' equity Net income Interest expense Income tax expense $40,000 10,000 20,000 The times interest earned ratio is: OA) 4.0 times OB) 5.0 times C) 6.0 times D) 7.0 times