Times interest earned Averill Products Inc. reported the following on the company's income statement in 20Y8 and 20Y9: a. Determine the times interest earned ratio for 20Y8 and 20 Y9. Round to one decimal place. b. Is the change in the times interest earned ratio favorable or unfavorable? Feedback - Check My Work a. (Income Before Income Tax Expense + Interest Expense)/Interest Expense to obtain the ratio. b. This ratio computes the number of times interest payments could be paid out of current-period earnings. High values are considered favorable