The following data represent selected infomation from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31, 2020 and 2019: 2020 Cash S 10,000 30,000 2019 $ 15,000 25,000 40,000 Net accounts receivable inventory 43,000 5,000 7,000 repard expenses Total current assets 88,000 87,000 Total non-current assets 114,000 60,000 112,000 70,000 Total current liabilities 45,000 40,000 Total non-current liabilities 60,000 60,000 Common shares 36,000 30,000 Retained eamings Net credit sales 370,000 333,000 150,000 160.000 Cost of goods sold 173,000 220,000 Sross margin 87,000 95,000 ncome fTOm operations 8,000 8,000 nterest expense 57,000 70,000 Net income 10,000 shares of common shares have been issued and outstanding since the company was established. They had a market Eon share on December 31, 2020, and they were selling for $91.50 on December 31, 2020.

O 47 The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31, 2020 and 2019 auto 200 Feb 2020 2019 Cash $ 10,000 315.000 Net accounts receivable 30,000 25.000 nventory 43,000 40.000 Prepaid expenses 5.000 7.000 Total current assets 38.000 117.000 Total non-current stets 112.000 114,000 Total current liabilities 70,000 60.000 Total non-current liabilities 10.000 45.000 common shares 60.000 2000 retained wings 30.000 30.000 Net credit sales 370.000 133.000 Kost of goods sold 150.000 160.000 oss margin 220,000 173.000 ncome from operations 95.000 07.000 Interest experte 3,000 3,000 Net Income 70,000 57.000 10,000 shares of common shares have been ested and outstanding since the company was established. They had a market hate on December 31, 2020, and they were selling for 59150 on December 1.2020 DO Total non-current liabilities 40,000 45.000 Common shares 60,000 60,000 Hetained earings 30,000 36,000 et credit sales 370,000 333.000 Cost of goods sold 150,000 160,000 Gross margin 220.000 173,000 ncome from operations 95.000 87.000 Interest opense 8,000 8,000 Het income 70.000 57.000 10,000 shares of common shares have been issued and outstanding since the company was established. They had a market value of 590 per share on December 11, 2020, and they were selling for 591.50 on December 31, 2070 Refer to the table above, Hot Rolled Corporation's times interest emned ratio for the year ended December 31, 2020 Select one A 11.30 8.2275 O c1131 10.30