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Question 15 Pauk Corporation has provided the following data from its most recent income statement: Net operating income ............ Interest expense........... Net income before taxes.....

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Question 15 Pauk Corporation has provided the following data from its most recent income statement: Net operating income ............ Interest expense........... Net income before taxes..... Income taxes ....... Net income.... $87,000 35,000 52,000 16,000 $36,000 The times interest earned ratio is closest to: 2.49 3.55 o j c. 1.03 d. 1.49

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