Question 29 1 pts A firm has a total interest expense of P 16,000 per year, sales of P 600,000 per year, a tax rate of 30%, and a net profit after tax of P 56,000. What is the firm's times interest earned ratio? O 6 times 3.5 times O 4.5 times O 5 timesQuestion 30 1 pts Francis Company's debt to equity ratio is 0.6 to 1. Current liabilities total P120,000 and long-term liabilities total P 360,000. If Francis Company has working capital equal to P 140,000, total assets must equal O P 1,200,000 O P 600,000 O P 800,000 O P 1,280,000Question 31 1 pts A company reported P 10,000 of income for 2017, P12,000 for the year 2018, and P13,000 for 2019. The percentage change in net income from 2017 to 2019 was: O 10.0% 0 7.7% O 8.0% O 8.3%