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Number of Times Interest Charges are Earned Quansl, Inc., reported the following on the company's income statement in 2016 and 2015: 2016 2015 Interest expense

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Number of Times Interest Charges are Earned Quansl, Inc., reported the following on the company's income statement in 2016 and 2015: 2016 2015 Interest expense $235,000 $258,500 Income before income tax expense 2,820,000 2,765,950 a. Determine the number of times interest charges were earned for 2016 and 2015. Round to one decimal place. 2016 2015 b. Is the number of times interest charges are earned improving or declining

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