Which of the following is false regarding the Times Interest Earned $($TIE$)$ ratio?

Select one:

A$.$ It can tell us the degree to which the firm can withstand a shock to its business, such as a destruction of revenue, and still

service its interest expense obligations.

B$.$ It directly impacts a firm's credit rating on its debt and its borrowing costs.

C$.$ A TIE $=10\mathrm{.}6$ is correctly interpreted as: a firm has the ability to cover its interest expenses $10\mathrm{.}6$ times with its operating

income.

D$.$ Firm A$\text{'}$s TIE $=12$ and Firm B$\text{'}$s TIE $=18.$ Based on this scenario, firm A is a more attractive client for a bank to lend money.

E$.$ None of the choices are correct $-$ they are all true statements regarding the TIE ratio.