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Park Company reports interest expense of $220,000 and income before interest expense and income taxes of $2,420,000. (2) Park's competitor's times interest earned is 5.0.

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Park Company reports interest expense of $220,000 and income before interest expense and income taxes of $2,420,000. (2) Park's competitor's times interest earned is 5.0. Is Park in a better or worse position than its competitor to make interest payments if (1) Compute its times interest eamed the economy turns bad? Complete this question by entering your answers in the tabs below. Compute its times interest earned

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