Wal-Mart Had Income Before Interest Expense and Income Taxes of $12,581

Essay

Wal-Mart had income before interest expense and income taxes of $12,581 million and interest expense of $1,063 million.Sears had income before interest expense and income taxes of $3,596 million and interest expense of $1,143 million.Calculate the times interest earned ratio for each company and comment on the results.