40) In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a single issue of debt outstanding with a face value of $1 million, market value of $.92 million, and a coupon rate of 8%. What is the firm's times interest earned ratio?(Use value in dollars) A) 3.75 B) 2.80 C) 3.40 D) 2.98