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unalyze and compare Clorox and Procter 8 Gamble The Ciorox Company (CLX) and The Procter & Gamble Company (PG) produce and sell packaged consumer products

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unalyze and compare Clorox and Procter 8 Gamble The Ciorox Company (CLX) and The Procter \& Gamble Company (PG) produce and sell packaged consumer products around the world. Income and interest expense: information from financial statements for a recent year follows (in millions): a. Compute the times interest earned for each company. Round to one decimal place. Clorox: Procter \& Gamble: b. If you were a lender to these two companies, which one appears to have the greater coverage of interest expense and thus the greater protection for your loan interest? As a lender, you would have areater interest protection from Procter 8 Gamble, but both companies have adequate interest coverage

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