MC Qu. 33 The Grant Company reported the following inc... The Grant Company reported the following income for 2014: Sales $ 146,000 Cost of goods sold 88,000 Gross margin $ 58,000 Selling and administrative expense 31,000 Operating income $ 27,000 Interest expense 6,600 Income before taxes $ 20,400 Income tax expense 6,120 Net income $ 14,280 What is the company's number of times interest is earned ratio? (Round your final answer to 1 decimal place.) 2.2 times 3.1 times 4.1 times None of these answers is correct. References Multiple ChoiceMC Qu. 33 The Grant Company reported the following inc...