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The following information was obtained from Quayle Company's income statement Income before Interest and Income Tax Expense Interest Expense Income before Income Tax Expense Income

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The following information was obtained from Quayle Company's income statement Income before Interest and Income Tax Expense Interest Expense Income before Income Tax Expense Income Tax Expense Net Income $701,000 83,000 618,000 237,500 $380,500 What is the times interest earned ratio? Multiple Choice 458 O 7.45 o 8.45 What is the times interest earned ratio? Multiple Choice 4.58 7.45 O 8.45 1.84

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