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Odessa Company has current assets of $11.48 million and net income of $11.6 million. Current liabilities total $4.1 million, interest expense is $36 million, and
Odessa Company has current assets of $11.48 million and net income of $11.6 million. Current liabilities total $4.1 million, interest expense is $36 million, and income tax expense is $4.6 million. What is the times interest earned ratio for this company? (Round your final answer to 2 decimal places.) Multiple Choice 0.40. 5.50. 0.36. 2.80
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