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Cartons Unlimited reported operating income of $850,000, interest expense of $170,000, and net income of $503,200. The weighted-average number of shares of common stock outstanding

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Cartons Unlimited reported operating income of $850,000, interest expense of $170,000, and net income of $503,200. The weighted-average number of shares of common stock outstanding during the year was 150,000 shares. What is the times-interest-earned ratio? (Round your final answer to two decimal places.) O A. 5.00 OB. 2.96 OC. 3.96 OD. 6.00

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