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A firm has net income of... A firm has net income before interest and taxes of $175,000 and interest expense of $24,900. a. What is

A firm has net income of...image text in transcribed

A firm has net income before interest and taxes of $175,000 and interest expense of $24,900. a. What is the times-interest-earned ratio? (Round your answer to 2 decimal places.) times-Interest-earmed rato? Times-interest earned imes b. If the firm's lease payments are $40,200, what is the fixed charge coverage? (Round your answer to 2 decimal places.) Fixed charge times

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