Southeast Systems has the following balance sheet and the income statement. The company had 10 million shares of common stock outstanding and its market price of the common stock was $78 at the end of 2014. Make sure the unit is in million dollars.

(unit: $ in millions)

Southeast Systems Balance Sheets
	2014	2015		2014	2015
Cash	$50	$100	Accounts payable	$450	$500
Accounts receivable	600	700	Notes payable	300	400
Inventory	500	550	Long-term debt	650	650
Net fixed assets	1,000	1,000	Common equity	300	300
			Retained earnings	450	500
Total Assets	$2,150	$2,350	Total Liabilities & Owners Equity	$2,150	$2,350

Income Statement
	2015
Sales	$2,370
Cost of goods sold	2,070
Depreciation	200
EBIT	100
Interest expenses	20
Taxable income	80
Taxes	28
Net income	$52
Dividends	$2

What is the value of the interest coverage ratio for 2015?

		2.6 times
		4.0 times
		5.0 times
		10.0 times
		118.5 times

What is the value of the price-earnings (P/E) ratio for 2015?

		1.0 times
		1.5 times
		3.0 times
		5.0 times
		15.0 times