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Refer to the tables above. Times interest earned for Tew Company is ____. 6.8x 10.5x 25x 11.5x TEW COMPANY Balance Sheet As of December 31

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Refer to the tables above. Times interest earned for Tew Company is ____.

6.8x

10.5x

25x

11.5x

TEW COMPANY Balance Sheet As of December 31 ASSETS as Accounts receivable 80,000 50,000 nventory et plant and equipment Total assets $400,000 LIABILITIES AND STOCKHOLDERS' EQUITY Ac counts payable Accrued expenses Long-term debt Common stock Paid-in capital Retained earnings $40,000 60,000 130,000 100,000 10,000 Total liabilities and stockholders equity

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