Question 15 (1 point) A firm has a times interest earned ratio of 0.5 times. This means: A) The interest expense of this firm exceeded earnings before interest and taxes by 2 times. B) The net income of this firm is sufficient to cover its interest expense by 0.5 times. C) The firm earned $2.00 in EBIT for every $1 it paid out in interest. D) The firm generated enough cash to cover its interest expense 0.5 times. E) The firm has sufficient EBIT to cover its interest expense 2 times. 8