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(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) 2016 2017 EBIT $291,885 $186,993 Interest

(Click on the icon here

in order to copy the contents of the data table below into a spreadsheet.)

2016

2017

EBIT

$291,885

$186,993

Interest expense

$46,706

$69,869

Taxes

$53,939

$25,767

Net profit

$191,240

$91,357

The following data have been gathered from the financial statements of General Nutrition Centers:

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. Calculate the times interest earned ratios for

2016

and

2017.

Is the company more or less able to meet its interest payments in

2017

when measured this way?The firm's times interest earned ratio for

2016

is

enter your response here.

(Round to two decimal places.)The firm's times interest earned ratio for

2017

is

enter your response here.

(Round to two decimal places.)Is the company more or less able to meet its interest payments in

2017

when measured this way?(Select the best choice below.)

A.The company is

less

able to meet its interest payments in

2017

because interest coverage

fell.

B.The company is

more

able to meet its interest payments in

2017

because interest coverage

rose.

C.The company is more able to meet its interest payments in

2017

because interest coverage fell.

D.The company is less able to meet its interest payments in

2017

because interest coverage rose.

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