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ts: 0 of 4 Milton, Inc. provides the following income statement for 2025: Net Sales Cost of Goods Sold Gross Profit $240,000 110,000 $130,000 Operating
ts: 0 of 4 Milton, Inc. provides the following income statement for 2025: Net Sales Cost of Goods Sold Gross Profit $240,000 110,000 $130,000 Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income 45,000 12,000 57,000 $73,000 Other Income and (Expenses): Loss on Sale of Capital Assets (29,000) Interest Expense (1,000) Total Other Income and (Expenses) (30,000) Income Before Income Taxes $43,000 Income Tax Expense Net Income Calculate the times-interest-earned ratio. (Round your answer to two decimal places.) 5,900 $37,100 OA. 37.1 times OB. 44 times OC. 73 times OD. 43 times
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