The income statement and balance sheet for Drewqa Limited are shown below: Income Statement ($000) Sales 872 Cost of goods sold 390 Operating expenses 192 Interest expense 65 Tax 52 Net profit 173 Balance Sheet ($000) Cash 50 Accounts receivable 171 Inventory 82 Net fixed assets 391 Total assets 694 Current liabilities 190 Long-term debt 219 Total liabilities 409 Shareholders' equity 285 The interest coverage ratio for Drewqa Limited is: Question 23Answer a. 2.66 b. 7.42 c. 4.46 d. 3.46