QUESTION $20$ A firm has a tax rate of $38\%,$ and net income of $$720$ million. If the interest expense on the firm's debt is $$80$ million, determine the times interest earned ratio

$7\mathrm{.}99$

$11\mathrm{.}957$

$15\mathrm{.}516$

$16\mathrm{.}343$

none of the above