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Last year, Tammy's income statement reported the following: operating income, $683,760; net income, $325,600; interest expense, $81,400; and income tax expense, $113,960. The company's times

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Last year, Tammy's income statement reported the following: operating income, $683,760; net income, $325,600; interest expense, $81,400; and income tax expense, $113,960. The company's times interest earned ratio is 1) 8.4 times 2) 4.0 times 3) 5.0 times 4) 6.4 times

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