A Company Has Long-Term Notes Payable of $175,625,taxes of $9,500,ending

Multiple Choice

A company has long-term notes payable of $175,625,taxes of $9,500,ending merchandise inventory of $450,290,interest expense of $14,050,net sales of $720,000 a gross profit ratio of 35%,a times interest earned ratio of 4.23,and total assets of $1,300,417.What is the company's earnings before interest and taxes?

A) $252,000
B) $65,814
C) $269,710
D) 106,696
E) $59,432