Calculate the times interest earned ratio and cash coverage ratio using the financial statement data below. Note that some data shown here may be irrelevant. Sales Cost of Goods Sold Labor Expense Depreciation Interest Expense Taxes 443 Net Income 177 Dividends 97 Assets 79 Liabilities 120 Equity 13 Times interest earned is 1.41 (Please enter two decimal places for each answer.) Cash Coverage ratio is OA. cash coverage - 43 59 5000 2000 3000 Which ratio answers this question: operating income is how many times greater than interest expense? B. times interest earned Which ratio answers this question: operating cash flow is how many times greater than interest expense? A. times interest earned B. cash coverage ratio Is this statement true or false? Both coverage ratios (TIE and CCR) provide a relative measure of how much cash is available to pay interest expense. O True False

Calculate the times interest earned ratio and cash coverage ratio using the financial statement data below. Note that some data shown here may be irrelevant. Times interest earned is (Please enter two decimal places for each answer.) Cash Coverage ratio is Which ratio answers this question: operating income is how many times greater than interest expense? A. cash coverage B. times interest earned Which ratio answers this question: operating cash flow is how many times greater than interest expense A. times interest earned B. cash coverage ratio Is this statement true or false? Both coverage ratios (TIE and CCR) provide a relative measure of how much cash is available to pay interest expense. True False