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Omar Corp.'s sales last year were $600,000 , its operating costs were $365,000 , and its interest charges were $12,500 . What was the firm's

Omar Corp.'s sales last year were

$600,000

, its operating costs were

$365,000

, and its interest charges were

$12,500

. What was the firm's times interest earned (TIE) ratio?\ a. 18.80\ b. 14.85\ C. 17.80\ d. 19.80\ e. 13.35

image text in transcribed
Omar Corp.'s sales last year were $600,000, its operating costs were $365,000, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio? a. 18.80 b. 14.85 C. 17.80 d. 19.80 e. 13.35

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