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Given: operating expenses $250,000 interest expense $15,000 sales $1,000,000 gross profit $480,000 tamps $85,000 What is the TIE (times-interest earned)? O 18.00x 16.67 O 15.33x

Given: operating expenses $250,000 interest expense $15,000 sales $1,000,000 gross profit $480,000 tamps $85,000 What is the TIE (times-interest earned)? O 18.00x 16.67 O 15.33x O 32.00x O 15.67%

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