Which of the following is not a true statement?

Select one:

A. The times interest earned ratio indicates of how many "times" greater earnings are than interest expense

B. The debt to equity ratio measures a company's risk and is calculated as total liabilities divided by stockholders' equity.

C. Return on assets is calculated as net income divided by the total sales.

D. Debt to equity ratio and times interest earned ratio are two ratios used to measure financial risk related to long-term liabilities.