Mamas Pizzaria presents financial rations with its financial statements. During 2019, Mamas reported net income of $8,212 million, interest expense of $167 million and income tax expense of $1,372 million. During 2018, Mamas reported net income of $7,568 million, interest expense of $163 million and income tax expense of $1,424 million. Based on this information, what would Mamas Pizzaria report for its times interest earned ratios for 2019 and 2018, respectively?

Multiple Choice

• 49.2 and 46.4 times.

• 50.2 and 47.5 times.

• 58.4 and 56.2 times.