7.

Here is International Corp.'s income statement for the month of December.

What is the company's December EBITDA to total interest coverage ratio?

6.5x

18.5x

14.5x

20.2x

International Corp. Income Statement for month ending December 31 2016 Net Sales...................................................... 550,000 Cost of Sales 320,042 Gross Margin....................................... ...............S229,958 Operating Expenses 150,432 Operating Income $79,529 Interest Expense 6,000 Income Before Taxes S73,529 Tax Expense................................ 29,412 Net Income S 44,117 Note 3: Depreciation and Amortization During the month the company charged $3,400 depreciation. Amortization of intangibles totaled $4,000