Last Year, Catrina's Café Inc's Income Statement Reported the Following

Multiple Choice

Last year, Catrina's Café Inc's income statement reported the following: profit, $67,500; interest expense, $15,000; and income tax expense, $22,500. The company's times interest earned ratio is

A) 7.0 times.
B) 6.0 times.
C) 5.5 times.
D) 4.5 times.