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The data below are for Minersville Company. Total Assets Income Tax Expense Accounts Receivable Total Equity Interest Expense Sales Cost of Goods Sold Accounts

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The data below are for Minersville Company. Total Assets Income Tax Expense Accounts Receivable Total Equity Interest Expense Sales Cost of Goods Sold Accounts Payable Net Income $10,000 1,000 2,500 6,500 400 15,000 9,000 1,200 1,500 Minersville needs a financial ratio that indicates whether its borrowing costs are appropriate given its level of income. What is Minersville Company's TIMES INTEREST EARNED RATIO? 7.25 3.75 4.75 6.25

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