Wayne,Inchas Net Sales Revenue of $348,800,cost of Goods Sold of $274,400,and

Multiple Choice

Wayne,Inc.has net sales revenue of $348,800,cost of goods sold of $274,400,and net income of $2,400.If interest expense is $8,000 and income tax expense is $800,the times interest earned ratio is:

A) 1.4.
B) 0.33.
C) 1.3.
D) 0.40.