In the past year Blossom Corporation had net income of $205000, interest expense of $45000, and tax expense of $85000. During the current year, Blossom refinanced their debt so interest expense is now $38000. Net Income is expected to be $243000 and the tax expense is expected to be $99000. What is Blossom Corporation's times interest earned after the changes? 7.30 O 10.00 6.39 O 2.45

In the past year Blossom Corporation had net income of $205000, interest expense of $45000, and tax expense of $85000. During the current year, Blossom refinanced their debt so interest expense is now $38000. Net Income is expected to be $243000 and the tax expense is expected to be $99000. What is Blossom Corporation's times interest earned after the changes? 7.3010.006.392.45