The Following Information Is from the Financial Statements of Hayden

Multiple Choice

The following information is from the financial statements of Hayden Inc.: $\begin{array}{lr}\text { Net income } & \$ 450,000 \\\text { Income tax expense } & 250,000 \\\text { Interest expense } & 150,000 \\\text { Long-term debt } & 1,875,000\end{array}$
The times-interest-earned ratio for Hayden would be closest to:

A) 3 times
B) 4.7 times
C) 5.7 times
D) 8 times