Milton, Inc. provides the following income statement for 2019:

Net Sales	$240,000
Cost of Goods Sold	110,000
Gross Profit	$130,000
Operating Expenses:
Selling Expenses	45,000
Administrative Expenses	12,000
Total Operating Expenses	57,000
Operating Income	$73,000
Other Income and (Expenses):
Loss on Sale of Capital Assets	(27 comma 00027,000)
Interest Expense	(1 comma 0001,000)
Total Other Income and (Expenses)	(28 comma 00028,000)
Income Before Income Taxes	$ 45 comma 000$45,000
Income Tax Expense	5 comma 6005,600
Net Income	$ 39 comma 400$39,400

Calculate the

timesminusinterestminusearned

ratio. (Round your answer to two decimal places.)

A.

39.4039.40

times

B.

73.0073.00

times

C.

45.0045.00

times

D.

46.0046.00

times