The times interest earned ratio measures a company's ability to: Pay interest and debt from current assets already on hand. Pay interest and debt on the due date. Maintain profit after paying interest. Make interest payment out of current earnings. The Western Division of Lance Company reported the following results from the past year. Shareholders require a return of 7%, while the weighted-cost-of-capital is 6%. Lance's corporate tax rate is 30%. Sales $ 700,000 Operating income $175,000 Total assets $1,500,000 Current liabilities 600,000 What is the Western Division's Economic Value Added (EVA)? $59.500 $121,000 $112,000 $68,500 The Jones Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project A Project B Project C Investment required $ 42,500 $ 56,000 $ 53,700 Present value of future cash flows $ 45,700 $ 75,400 $ 70,200 Using the project profitability index, rank the projects from most profitable to least prontable. , DB.CA A,B,C C.BA