The following financial information was obtained from the year ended 2018 income statements for Green Automotive and Newman Automotive: EE(Click the icon to view the financial information.) Requirements Compute the times-interest-earned ratio for each company. Round to two decimals. Which company was better able to cover its interest expense? 1. 2. Requirement 1. Compute the times-interest-earned ratio for each company. Round to two decimals. Begin by showing the formula for the times-interest-earned ratio. Times-interest-earned ratio Data Table Green Newman Net income $ 54,290 $ 70,220 Income tax expense 21,310 18,260 Interest expense 500 2,800 Print Done