QS 11-12 Times Interest earned LO A1 Park Company reports interest expense of $120,000 and income before interest expense and income taxes of $1,080,000. (1) Compute its times interest earned. (2) Park's competitor's times interest earned is 3.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? CH (1) Compute its times interest earned. (2) Park's competitor's times interest earned is 3.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? Required 1 Required 2 Compute its times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: = Times Interest Earned Times interest earned times Complete this question by entering your answers in the tabs below. Required 1 Required 2. Park's competitor's times interest earned is 3.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad?