EF11-24 (similar to) The following financial information was obtained from the year anded 2024 income statements for Kringle Automotive, Inc and Stanley Automotive, Inc Click the leon to view the financial information Requirements 1. Compute the time interested ratio for onch company Round to two decimals 2. Which company was better able to cover to interest expenne Requirement 1. Compute the times interes samod ratio for each company, Round to two decimals Begin by showing the form for the times into ano ratio ed from the year ended 2024 nation) Data Table 10 for eac ver its inte Brest-earned Kringle 19210 5170 Stanley 63 020 20.560 mes-interest Net income Income tax expense 200 2.100 Interest expense Print Done