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Sales $300 COGS 200 Gross Profit 100 Operating Exp 40 EBIT 60 Interest Exp - 15 EBT 45 Taxes 9 Net Income 36 Calculate Times

Sales $300 COGS 200 Gross Profit 100 Operating Exp 40 EBIT 60 Interest Exp - 15 EBT 45 Taxes 9 Net Income 36 Calculate Times Interest Earned (interest coverage) Ratio: Select one: o a. 2.4 Ob. 3 C.4 d. 20

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